Lee Delaney Biography – Lee Delaney Wiki
Lee Delaney was the president and CEO of BJ’s Wholesale Club. He was named president in 2019 and took on the role as CEO in 2020. He joined BJ’s in 2016 and was an executive vice president and chief commercial officer before becoming president. Prior to joining BJ’s in 2016, Delaney, a graduate of the University of Massachusetts, was a partner with Bain & Company.
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. It is headquartered in Westborough, Massachusetts.
Under the first full twelve-months of Delaney’s stewardship, BJ’s reported adjusted earnings of $857 million for its fiscal 2021 year, which ended on February 1, a 47% increase from the same period last year that included a 21% increase in comparable store sales and overall revenues of $15.1 billion.
Lee Delaney Death
Lee Delaney, president and CEO of Westboro-based BJ’s Wholesale Club, passed away unexpectedly on April 8, 2021, due to presumed natural causes, BJ’s Wholesale Club announced. “We are shocked and profoundly saddened by the passing of Lee Delaney,” Christopher J. Baldwin, Executive Chairman of the Board of Directors, said in a statement on behalf of the Board. “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, was named interim CEO. 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.
“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.”
Lee Delaney Cause of Death
He died “due to presumed natural causes,” BJ’s Wholesale Club announced.
Lee Delaney Age
He passed away on April 8, 2021. He was 49 years old.
Lee Delaney Wife
Was Lee Delaney married? He was married with two children.
Lee Delaney Family
Delaney is survived by his wife and two children.
Lee Delaney Salary
In 2019, as President, Chief Commercial Officer at BJ’s Wholesale Club Holdings, Inc., Lee Delaney earned $4,497,533 in total compensation; $834,615 was received as a salary, $717,188 was received as a bonus, $682,582 was received in stock options, $2,249,992 was awarded as stock and $13,156 came from other types of compensation. Lee Delaney’s salary as the president and CEO of BJ’s Wholesale Club must be higher than $4,497,533 he made as President, Chief Commercial Officer.
Lee Delaney Net Worth
Lee Delaney’s net worth is estimated to be $15 million. He has 0.20% Equity in BJ’s Wholesale Club Holdings, Inc. valued at $11,186,192, according to MarketScreener.