Richard A. Baker (businessman)
|Richard A. Baker|
|Born||November 27, 1965|
|Education||B.A. Cornell University|
|Known for||Governor and Executive Chairman of Hudson’s Bay Company|
|Spouse(s)||Lisa M. Burrell|
|Parent(s)||Betty Lou Grossman
Robert C. Baker
Richard Baker (November 27, 1965) is an American business executive. He is the Governor and Executive Chairman of the Hudson's Bay Company. The corporation operates Galeria Kaufhof in Germany, Galeria Inno in Belgium, Lord & Taylor, Saks Fifth Avenue and Saks Fifth Avenue OFF 5TH in the United States, and Hudson's Bay and Home Outfitters, in Canada.
Early life and education
Baker grew up in a Jewish family in Greenwich, Connecticut, the son of Betty Lou (née Grossman) and Robert C. Baker, the founder of NRDC Equity Partners, a private owner of shopping centers in the United States. He has one sister, Lauren. He graduated from the Brunswick School and then received his undergraduate degree from Cornell University, where he was a member of the Phi Sigma Kappa fraternity.
He began his career working for his father, a mall developer and principal of National Realty & Development Corp, after graduating from Cornell's hotel management school. In 2006, he purchased Lord & Taylor, America’s longest continually operating luxury department store from Federated Department Stores, borrowing to finance nearly all of the deal.He has served as Chairman of Lord & Taylor since 2006. In 2008, he bought the Hudson’s Bay Company, North America’s oldest commercial corporation, for which he acts as the Governor and Executive Chairman. In 2012, Hudson’s Bay Company went public and is listed on the Toronto Stock Exchange.
He is the non-executive chairman of the Retail Opportunity Investments Corporation, a real estate investment trust listed on the NASDAQ Stock Exchange that focuses on retail properties located on the east and west coasts of the United States.
He sits on the Advisory Board of the Cornell University School of Hotel Management. He is the namesake benefactor and sits on the Advisory Board of the Baker Program in Real Estate - a two-year graduate program in real estate at Cornell University.
- Globe and Mail: "Richard Baker: A balancing act in choppy retail waters" by Marina Strauss March 9, 2012
- "Hudson's Bay Company Appoints Gerald L. Storch Chief Executive Officer - Business Wire".
- Hudson's Bay Company About Us: "Richard Baker" retrieved September 13, 2014
- Jerusalem Post: "Grapevine: The Netanya connection" by GREER FAY CASHMAN December 19, 2013
- New York Times: "Loomis J. Grossman, Developer, Dies at 85", nytimes.com, March 8, 1989.
- New York Times: "Paid Notice: Deaths GORDON, BETTY LOU BAKER, nytimes.com, July 6, 1998.
- STEPHANIE CLIFFORD and PETER LATTMANNew York Times: "The Prince of Lord & Taylor", May 7, 2011.
- New York Times: "Lauren Stella Baker Weds Robert Richman, a Writer", nytimes.com, June 15, 1986
- "ROIC Company Profile & Executives - Retail Opportunity Investment Corp. - Wall Street Journal".
- Cornell University School of Hotel Administration: "Richard A. Baker '88 - Governor & CEO Hudson's Bay Company; retrieved September 13, 2014
- "Cornell Baker Program in Real Estate".
- New York Times: "ENGAGEMENTS; Lisa M. Burrell, Richard A. Baker July 18, 1993
- Hbc Department Stores
- Lord & Taylor
- National Realty & Development Corp.
- Retail Opportunity Investment Corp. (ROIC)
- Richard Baker, the Prince of Lord & Taylor
- UPDATE 2-Target to enter Canada with Zellers deal, own plans
|This article about an American businessperson born in the 1960s is a stub. You can help Wikipedia by expanding it.|