Gerald L. Storch is a business executive who has led several large retailers. He is the Founder and CEO of Storch Advisors, a global business and management advisory firm. He is frequently on television as discussing retail and consumer news, including appearing on CNBC, Bloomberg, and Fox Business. Prior to Storch Advisors, he was CEO of HBC, the parent of

Saks Fifth Avenue Saks Fifth Avenue (Colloquialism, colloquially Saks) is an American Luxury goods, luxury department store chain founded in 1867 by Andrew Saks. The first store opened in the F Street and 7th Street shopping districts, F Street shopping distric ...

and

Hudson's Bay Company The Hudson's Bay Company (HBC), originally the Governor and Company of Adventurers of England Trading Into Hudson’s Bay, is a Canadian holding company of department stores, and the oldest corporation in North America. It was the owner of the ...

. Prior to HBC, Storch was

Chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

and

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

Toys "R" Us Toys "R" Us is an American toy, clothing, and baby product retailer owned by Tru Kids (doing business as Tru Kids Brands) and various others. The company was founded in 1948 in Washington, D.C.; its first store was built in April 1948, with i ...

, Inc. He also served as Vice Chairman of

Target Corporation Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of th ...

. He began his career at McKinsey & Company, where he was a partner with specialties in consumer goods and financial services. Storch, a graduate of

Harvard College Harvard College is the undergraduate education, undergraduate college of Harvard University, a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Part of the Harvard Faculty of Arts and Scienc ...

Harvard Law School Harvard Law School (HLS) is the law school of Harvard University, a Private university, private research university in Cambridge, Massachusetts. Founded in 1817, Harvard Law School is the oldest law school in continuous operation in the United ...

, and

Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...

, is a member of the Board of Directors of

Bristol Myers Squibb The Bristol-Myers Squibb Company, Trade name, doing business as Bristol Myers Squibb (BMS), is an American multinational pharmaceutical company. Headquartered in Princeton, New Jersey, BMS is one of the world's largest pharmaceutical companies ...

and Fanatics, the leading retailer of officially licensed sports merchandise. He has been a resident of

Vero Beach, Florida Vero Beach is a city in and the county seat of Indian River County, Florida, United States. According to the 2020 United States census, 2020 census, the city had a population of 16,354. Nicknamed "The Hibiscus City", Vero is situated about south ...

Wayzata, Minnesota Wayzata ( ) is a city in Hennepin County, Minnesota, Hennepin County, Minnesota, United States. The population was 4,434 at the 2020 United States census, 2020 census. A suburb of the Twin Cities, Wayzata is located about west of Minneapolis al ...

, and Franklin Lakes, New Jersey.

Recognition

In 2013, AdvisoryCloud ranked Storch as the #1 CEO on their Top Chief Executive List.May, 2013 ExecRank Top CEOs https://www.advisorycloud.com/rankings/2013-top-private-company-ceos

References

External links

* Biography from Storch Advisors Websit

American retail chief executives American businesspeople in retailing Year of birth missing (living people) Living people American toy industry businesspeople Harvard Business School alumni Harvard Law School alumni People from Franklin Lakes, New Jersey 20th-century American businesspeople 21st-century American businesspeople McKinsey & Company people Harvard College alumni Businesspeople from Bergen County, New Jersey {{US-CEO-stub