HBC LP, continuing to transform since turning private last March, has appointed Michael Culhane as chief financial officer, in a string of executive changes disclosed Thursday.
Culhane, who has 30 years experience in finance and accounting primarily in retailing, in September will succeed Ed Record who is stepping down as planned awhile ago. Record was instrumental in completing HBC’s privatization and will remain with HBC through a transition period.
In other key appointments, Vinton Vickers has become managing director, special projects for HBC Properties and Investments, the company’s real estate and investments operating company.
And Stephen Gold, the chief technology officer since May 2018, will also take on the role of chief process improvement officer. Gold and his team will work with each of HBC’s operating companies to identify and implement “transformational” initiatives, which the company cited as robotic process automation, online profitability, returns optimization and fraud Improvements.