Hudson’s Bay Company CEO, Gerald L. Storch, to Be Honored as 2016 “Father of the Year”

National Father’s Day Council Celebrates 75th
Anniversary of the Annual Father of the Year Awards on June 14

NEW YORK–(BUSINESS WIRE)–The National Father’s Day Council announced today that it will honor
Gerald (Jerry) Storch, Chief Executive Officer of Hudson’s Bay Company
(HBC), as a 2016 “Father of the Year.” The awards will be presented at a
luncheon commemorating the 75th Anniversary of the Father of the Year
Awards. The event will be held at the New York Marriott Marquis Hotel on
Tuesday, June 14, 2016, with proceeds benefiting Save the Children’s
U.S. Programs. For tickets and sponsorship, please contact the Council
office at 212-594-5977 or www.fathersdaycouncil.org.

Mr. Storch is a highly-accomplished retail executive with a proven track
record of growing retailers through digital and traditional channels
throughout a career spanning 30 years in retail management and
consulting. At HBC, Mr. Storch oversees the company’s retail banners,
comprised of Saks Fifth Avenue, Lord & Taylor, Hudson’s Bay, Home
Outfitters, Saks OFF 5TH, Find @ Lord & Taylor, GALERIA Kaufhof,
Sportarena and Galeria INNO. He also provides leadership for HBC Digital
in advancing the company’s all-channel capabilities.

Before joining HBC, Mr. Storch served as Chairman and CEO, Toys”R”Us,
Inc., where he transformed the company into a $13 billion global
retailer, including growing its e-Commerce business to over $1 billion.
Prior to his tenure at Toys”R”Us, he served as Vice Chairman of Target
where he launched and oversaw the growth of Target.com, and founded and
ran Target’s grocery business, as well as the company’s Financial
Services and credit card business.

Previously, Mr. Storch was a Principal at McKinsey & Company for 11
years, advising Fortune 500 retail, consumer goods and financial
services clients. He is non-Executive Chairman of the Board of Supervalu
and a Director of both Bristol Myers Squibb and Fanatics. Mr. Storch
received an MBA from Harvard Business School, a JD from Harvard Law
School and a Bachelor’s degree from Harvard College. He and his wife
Jacquie have five children.

“This marks a significant year for the Council as we celebrate our 75th
Anniversary honoring some of the country’s most well-respected and
exemplary fathers,” said Dan Orwig, Chairman of the National Father’s
Day Committee and Group President of Men’s Division for Itochu Prominent
USA. “On such a landmark occasion, we are thrilled to recognize Mr.
Storch – a revered and incredibly accomplished retail leader among his
peers, who stands out as an exceptional role model to fathers
everywhere.”

Throughout its long history, the National Father’s Day Council has
celebrated national leaders whose lives are dedicated to family,
citizenship, charity, civility, responsibility and reverence. Over the
course of 75 years, the “Father of the Year Awards” has recognized some
of the most notable men in our nation’s history including, Presidents
John F. Kennedy and Bill Clinton, Frank Sinatra, Babe Ruth, Terry
Lundgren, General Douglas MacArthur, Jackie Robinson, among others. The
Council has always strived to support worthwhile concerns, while
enhancing the meaning of Father’s Day and encouraging universal
observance.

As part of its commitment to support meaningful philanthropies dealing
with issues affecting mothers, fathers and children, the National
Father’s Day/Mother’s Day Council, Inc. has donated more than $30
million to date to meaningful charities nationwide.

About The National Father’s Day Council, Inc.

The National Father’s Day Committee is part of the Father’s Day/Mother’s
Day Council, Inc., a non-profit association that has as its mission the
recognition and awarding of honors to role model contemporary fathers
and mothers, while at the same time contributing to issues affecting the
life and well-being of men, women and families. Past honorees have
included Presidents George W. Bush, Bill Clinton, John F. Kennedy and
Ronald Reagan, Generals Douglas MacArthur, Colin Powell and Norman
Schwarzkopf, retail veteran Terry Lundgren, sports notables Arthur Ashe,
Jim Kelly and Michael “Coach K” Krzyzewski, and communications leaders
Tim Russert and Harry Smith. To learn more about The National Father’s
Day Council, visit our website at www.fathersdaycouncil.org.

About Save the Children’s U.S. Programs

Nearly 1 in 5 children in the United States lives in poverty. Save the
Children works to break the cycle of poverty and improve the lives of
children in this country by ensuring that they have the resources they
need, particularly access to high-quality early childhood education.
Save the Children served more than 250,000 children and families in the
United States in 2014 alone. For more information visit www.savethechildren.org/usa.

Contacts

For The Father’s Day/Mother’s Day Council, Inc.
Berns
Communications Group
Michael McMullan/Danielle Poggi
212-994-4660

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