|[Kevin Van Paassen/The Globe and Mail/Canadian Press]|
Brook's exit isn't all bad - she will stay on as a vice-chairman and will act as an adviser to the company (including strategy at both Hudson's Bay and American Lord & Taylor). She will continue to answer to chairman and CEO Richard Baker and HBC's board of directors. This should come as a relief to shareholders as Brooks was the visionary for the company's changes that have included dropping hundreds of unfashionable labels and introducing many new ones.
[Hudson's Bay Company website]