Macy's CEO Jeff Gennette, who has led the department store chain's turnaround effort, will retire in early 2024. Bloomingdale's chief Tony Spring is set to succeed him.
CEO Jeff Gennette will retire early next year after a four-decade career at the company, the department store chain announced Wednesday morning.
In addition to the CEO change, Macy's Chief Financial Officer Adrian Mitchell will take on an expanded role and also serve as the company's chief operating officer. He will lead store operations, technology and supply chain teams, along with his existing role over finance and real estate. , called Polaris, announced in February 2020. It called for accelerating digital growth, closing underperforming shops and investing in the company's best stores to boost profits.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Macy’s CEO Jeff Gennette to Retire, Give Reins to Bloomingdale’s Boss Tony SpringThe transition comes at a time of upheaval for retailers as high inflation pinches consumers and pushes up manufacturing costs.
Leer más »
Dow CEO talks clean energy, Huntsman CEO criticizes shift from fossil fuels at Houston chemicals conferenceThe leaders spoke in consecutive panels during the annual World Petrochemical Conference...
Leer más »
Macy’s Inc. Issues Progress Report on Corporate CitizenshipThe retailer says it’s investing heavily in suppliers, people and products that help create a more equitable and sustainable future.
Leer más »
Jeff Goldblum Confirms Wicked Movie Role, Praises Ariana Grande & Cynthia ErivoJeff Goldblum confirmed that he will play the Wizard in the upcoming Wicked movie during an appearance on Jimmy Kimmel Live.
Leer más »
Jeff Foxworthy has 13 huge shows in 2023: Get last-minute ticketsIf you want to click into this story, you might be a Jeff Foxworthy fan.
Leer más »
Tom Brady and family hang with billionaire Jeff Soffer in the BahamasBrady was in the Bahamas over the weekend, we hear, and a source said he attended a gathering with his children, sister and nieces.
Leer más »