BJ’s Wholesale Club Names Darryl Brown to Board of Directors

Rhea-AI Summary

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has appointed Darryl Brown to its Board of Directors, effective immediately. Brown brings over 30 years of experience in consumer-packaged goods and financial services, previously serving as President of Global Corporate Payments, Americas at American Express and holding key roles at Kraft Foods. His expertise is anticipated to support BJ’s ongoing transformation. The company operates 221 membership warehouse clubs and 151 BJ's Gas locations across 17 states.

Positive

• Darryl Brown's extensive experience in consumer-packaged goods and financial services may enhance BJ's strategic direction.
• His leadership background at American Express and Kraft Foods could provide valuable insights for business growth.

Negative

• Concerns may arise regarding the continuity and integration of Brown's leadership style with existing board dynamics.

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) announced today that Darryl Brown has been named to the Company’s Board of Directors, effective immediately.

“We’re pleased to add Darryl to our board and look forward to working with him,” said Christopher J. Baldwin, Executive Chairman, BJ’s Wholesale Club. “His deep experience in the consumer-packaged goods and financial services industries will be incredibly valuable as we continue to accelerate our transformation.”

Brown is an accomplished senior executive with more than thirty years of experience in consumer-packaged goods and financial services. Most recently, he served as President, Global Corporate Payments, Americas at American Express. Prior to joining American Express, he held a number of leadership positions at Kraft Foods, where he led the company’s North American retail sales and logistics organization. Brown currently serves on the boards of Atradius Trade Credit Insurance, an insurance company, and Datanomers, an analytics company. He holds a Master of Business Administration from Lake Forest Graduate School of Business and a Bachelor of Science in Accounting from Lincoln University.

About BJ’s Wholesale Club Holdings, Inc.
Headquartered in Westborough, Massachusetts, BJ's Wholesale Club is a leading operator of membership warehouse clubs in the Eastern United States. The Company currently operates 221 clubs and 151 BJ's Gas® locations in 17 states.

The Company’s common stock is traded on the New York Stock Exchange (NYSE:BJ).

View source version on businesswire.com: https://www.businesswire.com/news/home/20210602005967/en/

FAQ

Who is Darryl Brown and what experience does he bring to BJ's Wholesale Club?

Darryl Brown is a senior executive with over 30 years of experience in consumer-packaged goods and financial services, previously serving at American Express and Kraft Foods.

What is the significance of Darryl Brown's appointment to BJ's Board of Directors?

His appointment is expected to contribute valuable insights and support BJ's transformation strategy.

When did Darryl Brown join BJ's Board of Directors?

Darryl Brown was appointed to BJ's Board of Directors effective immediately as of the announcement date.

How many clubs does BJ's Wholesale Club operate?

BJ's Wholesale Club currently operates 221 clubs across 17 states.

What is BJ's Wholesale Club's stock symbol?

BJ's Wholesale Club trades under the stock symbol NYSE:BJ.