8-K
BJ's Wholesale Club Holdings, Inc. (BJ)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 9, 2021
BJ’S WHOLESALE CLUB HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 001-38559 | 45-2936287 |
|---|---|---|
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |
| 25 Research Drive | ||
| --- | --- | |
| Westborough , Massachusetts | 01581 | |
| (Address of principal executive offices) | (Zip Code) |
(774) 512-7400
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered or to be registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.01 | BJ | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
|---|
On April 9^th^ Bob Eddy, Executive Vice President, Chief Administrative and Financial Officer, has been named Interim Chief Executive Officer by the Board of Directors, and Christopher J. Baldwin, Chairman of the Board of Directors, has been appointed Executive Chairman, effective immediately following the unexpected death of Lee Delaney, the Company’s President and Chief Executive Officer.
| Item 9.01 | Financial Statements and Exhibits. |
|---|
(d) Exhibits
| Exhibit No. | Description |
|---|---|
| 99.1 | Press Release of BJ's Wholesale Club Holdings, Inc. dated April 9, 2021 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 9, 2021
| BJ’S WHOLESALE CLUB HOLDINGS, INC. | |
|---|---|
| By: | /s/ Graham N. Luce |
| Name: | Graham N. Luce |
| Title: | Senior Vice President, Secretary |
ex_205480.htm
BJ’s Wholesale Club Announces the Unexpected Passing of
President and CEO Lee Delaney
WESTBOROUGH, Mass. (April 9, 2021) – BJ’s Wholesale Club (NYSE: BJ) announced that Lee Delaney, the Company’s President and Chief Executive Officer, passed away unexpectedly yesterday due to presumed natural causes.
Christopher J. Baldwin, Executive Chairman of the Board of Directors, issued the following statement on behalf of the Board: “We are shocked and profoundly saddened by the passing of Lee Delaney. Lee was a brilliant and humble leader who cared deeply for his colleagues, his family and his community. We extend our most heartfelt condolences and sympathy to his family, especially his wife and two children. We will honor his legacy and remember the extraordinary impact he had on so many. Our thoughts are with them during this difficult time.”
Bob Eddy, Executive Vice President, Chief Administrative and Financial Officer, has been named Interim Chief Executive Officer by the Board of Directors, effective immediately. Eddy joined the Company in 2007 and was named Executive Vice President, Chief Financial Officer in 2011. He assumed the role of Chief Administrative Officer in 2018. Additionally, Christopher J. Baldwin, Chairman of the Board of Directors, has been appointed Executive Chairman.
“Bob partnered closely with Lee and has played an integral role in transforming and growing BJ’s Wholesale Club,” said Baldwin on behalf of the Board. “We have the utmost confidence in Bob’s leadership and his deep knowledge of the business. We expect to announce permanent changes to our leadership within a reasonably short timeframe, aided by our prior succession planning.”
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).
Media Contact:
Jennie Hardin
Vice President, Corporate Communications
(774) 512-6978
jhardin@bjs.com
Investor Contact:
Faten Freiha
Vice President, Investor Relations
(774) 512-6320
ffreiha@bjs.com