THE BAY HAILS A NEW CHIEF
By Adnews Staff
Ira Pickell will join The Bay and president and CEO on March 1, and will be named executive vice-president of the department store's holding company, Hudson's Bay Co. of Toronto. Previously he was chairman of Bon Marche of Seattle. Pickell replaces Bob Peter, who has been promoted to chairman of the Bay Specialty, to develop the company's new format locations. Pickell brings over three decades of retail experience to the Bay. He has also been senior vice-president and general merchandise manager of Bon Marche's Lazarus division. He began his career at Abraham and Strauss of New York and has held senior executive positions at Mervyn's, Hahnes and Macy's. The Bay announced its restructuring plan earlier this month, which including the purchase of Kmart Canada.