Richard A. Baker (businessman)

Richard A. Baker is an American businessman known primarily for his involvement in the retail and real estate sectors. He is perhaps most recognized as the Governor, Executive Chairman and CEO of Hudson's Bay Company (HBC), a role he assumed in 2008 and held until transitioning to Governor and Executive Chairman. He returned to the CEO role in 2024.

Baker is also the founder of Baker Capital Management, a private equity firm specializing in real estate and retail investments. Through Baker Capital, he has been involved in numerous acquisitions and management of retail brands and properties. His strategic approach often involves leveraging real estate assets to enhance the value of retail operations.

Beyond Hudson's Bay Company, Baker has been involved in ventures and investments across various retail entities, including Saks Fifth Avenue and Lord & Taylor (while under HBC ownership). His career has focused on transforming retail businesses and adapting them to evolving consumer trends and market conditions. His strategies often involve store modernization, omnichannel retail integration, and optimizing real estate portfolios.