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BJ's Wholesale Club Elects New President and CEO

NATICK, Mass. - BJ's Wholesale Club Inc. on Monday announced the election of Michael T. Wedge as president and CEO, replacing John J. ("Jack") Nugent, who has resigned for personal reasons. Wedge, who was also elected to the Board of Directors, joined BJ's in 1988 and has been executive VP, Club Operations, since 1997.

"We are grateful to Jack for his 12 years of dedicated service and leadership at BJ's. His valuable contributions have helped the company become a 138-club chain with sales approaching $6 billion. We are indeed fortunate to have such a seasoned warehouse club executive as Mike Wedge to lead the company in its next state of growth," said Herbert J. Zarkin, chairman of the Board of Directors.

The company also announced that Edward Giles has been elected executive VP, Club Operations.
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