Beesley Named Hudson’s Bay CFO

Hudson's BayTORONTO-Hudson’s Bay has appointed Paul Beesley its new chief financial officer, a post he will assume in June.

Beesley will be responsible for the retail company’s financial affairs at that time and report to Hudson’s Bay’s Office of the Chairman, which consists of Richard Baker, governor and CEO, and President Donald Watros. Watros had been acting as interim chief financial officer since January, when then-Chief Financial Officer Michael Culhane began a leave of absence.

From 2000 until this year, Beesley served in a number of executive positions with Empire Co. Ltd., a retail and real-estate firm. He was executive vice president and chief financial officer, and served as chief corporate development officer of Empire’s Sobeys Inc. unit.

Before joining Empire, Beesley was vice president and chief financial officer of The Globe and Mail Co. and held finance, operational and strategic-planning posts with Delrina Corp., Suncor Energy and Varity Corp.