Aug 24 (Reuters) - Canadian retailer Hudson's Bay Co HBC.TO said on Thursday that the head of its international business, Don Watros, would leave the company at the end of September, but did not name his successor.
Watros has been with the company for 11 years and led its expansion into Europe, Hudson's Bay said. He has also served as chief operating officer of the company. news of his move comes after U.S. activist investor Jonathan Litt warned he would consider a push to remove some of the company's directors unless it took steps to make more money off its assets. retailers such as Hudson's Bay has been struggling to reinvent themselves to remain relevant as shoppers increasingly move their purchases online.
Former J.C. Penney Co Inc JCP.N executive Edward Record will start as chief financial officer of Hudson's Bay on Monday.