May 18, 2018

Former BJ's CEO to retire from board before public listing

Photo | MassPort
Laura Sen, the former BJ's CEO, is retiring from the company's board of directors.
Courtesy | BJ's
BJ's President and CEO Christopher J. Baldwin will become chairman of the company's board of directors.

As Westborough wholesale retailer BJ's Wholesale Club seeks another public listing, longtime company executive Laura Sen is retiring from the board of directors.

In a Thursday press release less than two hours after the company announced it was seeking a public listing, BJ's announced President and CEO Christopher Baldwin would immediately take Sen's place and add the board's chairman position to his resume.

In a statement included with the announcement, Baldwin thanked Sen for her countless contributions over her 25-year career with the company.

"Her leadership, vision and commitment to BJ's have created the foundation for our long-term success," he said.

Baldwin became president and CEO in December 2015, succeeding Sen, who then assumed the role of non-executive chairman. Sen was president and CEO for seven years prior.

Baldwin came on board earlier in 2015 as chief operating officer. He boasts more than 30 years of executive experience in the retail and consumer products industries, including a stint as CEO of Hess Retail Corp. and other executive roles at Kraft Foods, The Hershey Co. and Procter & Gamble. He serves as chairman of the National Retail Federation's board of directors.

BJ's also announced that Nishad Chande, a senior managing director at BJ's parent company and private equity firm CVC Capital Partners, will be joining the board of directors.

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