Richard Baker
speaker
1,143 appearances
2 recordings
2 series
first heard May 2026
last heard 7 Jul
Richard Baker’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.
Appearances
At that point, I became what unfortunately is the last governor
of the hudson bay company which is the first governor was in uh 16 uh uh i'm losing my mind here 16 50 1662 was rupert was the first governor continuously operated you learned in school uh operating company and so now i was the governor of the hudson bay company we had i don't know 80 000 employees
I had 42 years earlier and, um, and it was all screwed up.
And, uh, cause this company was terribly run and now I merged it with the other companies.
I took the top merge, the two companies.
Of the top hundred executives, we exited 97 of the top hundred executives in the first 90 days.
Just imagine that crazy thing.
And we brought in new people.
We broke the company up into different pieces.
We got it stable.
We had one guy by the name of Don Watros, who was our chief operating officer.
save the company, he put us in a position from the closing in July till October of that year, where he cut $500 million a year of operating expense out of the company.
The good thing about buying really badly run companies is often there's a lot of savings you can make, and he cut that and the companies ran better without that expense.
So he got us through.
Then a crazy thing happened.
We got through the financial crisis.
Now it's early 2010.
And actually, yeah, it's actually September of 2010.
And I get a phone call from the CEO of the Walmart REIT.
And he says, can I come and see you, Richard, in New York with the CEO of Walmart Canada?
Showing 421–440 of 1,143 · page 22 of 58
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