macy's management structure

New Hartford, NY Macy’s earned net income of $740 million, or $2.37 per share, in the period ended Feb. 2. By viewing our video content, you are accepting the terms of our. Wheaton, MD Edison, NJ Fairfax, VA Long Island City, NY Boynton Beach, FL Los Altos, OH Peabody, MA That means dresses, fine jewelry, big ticket, men’s tailored clothing, women’s shoes and beauty. Jeff Gennette was elected chief executive officer of Macy's, Inc. in March 2017 and assumed the role of chairman in February 2018. Lennox joined Macy’s, Inc. in September 2016. Chairman: Terry J. Lundgren Miami Beach, FL Saint Paul, MN In addition to national brands the company offers a host of private label brands such as American Rag, Club Room, Epic Threads, first impressions, Hudson Park, Martha Stewart Collection, Material Girl, the cellar, and Tools of the Trade. Cheektowaga, NY Barrington, OH Lees Summit, MO Short Hills, NJ Sterling Heights, MI He also spent 13 years in leadership roles with FedEx Kinko's and Deloitte Consulting. Salem, NH Harper holds a bachelor’s degree in communications and political science and an MBA in finance and accounting from the University of Pittsburgh. Cedar Park, TX Warwick, RI Earlier in his career, Baer worked across all functions of a family retail business. Hackensack, NJ Bryn Mawr, OH Erie, PA Visit our Resources page now ». Greensburg, PA Harper serves on the board of The Leukemia & Lymphoma Society. During her career at Macy’s, Inc. she’s served in a number of roles in Finance including senior vice president, controller and enterprise risk officer. Ponte Vedra Beach, FL Port Charlotte, FL Prior to that, Ongman served as Macy’s chief planning officer, responsible for centralized merchandise and financial planning and assortment allocations by store, as well as the district/region merchandise planning structure and function that supported the signature My Macy’s localization strategy. Portland, OR Decatur, GA Los Angeles, CA Garcia also oversees government affairs. Jacksonville, FL In his most recent role as vice president of technology for The Home Depot, he was responsible for leading The Home Depot's digital and omnichannel platforms growth and delivering omnichannel capabilities, customer care, and marketing platforms, and establishing Enterprise User Experience discipline. Need more help? Trumbull, CT The latest moves to shrink the business come as the department store chain reported a drop in profits and total sales during the critical fourth quarter as well as meager growth in sales at established stores, a key measure for a retailer’s health. Palm Beach Gardens, FL San Francisco, CA Hayward, CA Saint Peters, MO Garden City, NY Heinonen serves on the national board of the Make-A-Wish Foundation and the corporate advisory board at Breast Cancer Research Foundation. Peachtree Corners, GA Scranton, PA Paramus, NJ The company has also cut staff in its stores and throughout its supply chain and customer support network. Hampton Bays, NY Baytown, TX Raleigh, NC Fort Myers, FL Marlborough, MA Dearborn, MI Elmhurst, NY King Of Prussia, PA This included leading the development of brand strategy and optimizing the company's marketing and digital presence to drive sales growth and customer loyalty. Manchester, CT Sarasota, OH Hinsdale, IL Spring serves on the JDRF and the Hospital for Special Surgery Advisory Boards. San Diego, CA Highland Park, IL Cash from operations contributed $1.6 billion to the coffers, while investing activities used $1 billion, mainly for capital expenditures. Dedham, MA Mullahy joined Macy’s, Inc. in 2019 as chief supply chain officer. Stock Symbol: M Prior to founding Bluemercury, Ms. Beck was a consultant at McKinsey & Company. All rights reserved. East Hampton, NY College Station, TX Sales of Macy's-branded private label brands represented nearly 20% of net sales in the Macy's-branded operations in both 2019 and 2018. Prior to joining Macy's, Garcia had 16 years of broad-ranging experience as a corporate general counsel for major consumer-facing companies. Hurst, TX Gennette returned to San Francisco from February 2008 to February 2009 as chairman and CEO of Macy's West. Bethesda, MD She is responsible for corporate communications, media relations, corporate giving and corporate social responsibility. Fredericksburg, VA Greensboro, NC Sharonville, OH Gennette began his retail career in 1983 as an executive trainee at Macy's West in San Francisco. Saint Petersburg, FL Fargo, ND Toledo, OH Sesler's early career included positions at Chemical Bank and Travelers Insurance as a lender, equity investor, and restructuring specialist. NEW YORK (AP) — Macy’s announced a multiyear money-saving restructuring program that it says will shrink its management structure and make the department store more nimble in a … San Antonio, TX Macy’s is an enduring retail icon, committed to providing individuals with an unsurpassed value in their shopping experience through our outstanding stores and accommodating staff, dynamic websites, and convenient mobile apps for providing exciting fashion and accessories, quality fragrances, cosmetics, jewelry, and home goods that will serve your family for generations. Canton, OH Merritt Island, FL White Plains, NY Honolulu, HI New York – Macy’s announced a multiyear money-saving restructuring program that it says will shrink its management structure and make the department store more nimble in a … Sales in 2019 were also strong in active apparel and kids. Financing activities used another $1.1 billion for repaid debt and dividends. The struggles of big-box retailers are well documented, and the economic issues brought on by coronavirus have only exacerbated them. Memphis, TN Salisbury, MD Cheryl Heinonen joined Macy's, Inc. in January 2017 as senior vice president of corporate communications. North Chesterfield, VA Saint Clairsville, OH Naples, FL In 2004, Gennette was appointed executive vice president and director of stores at Macy's Central in Atlanta. New Orleans, LA J. Rochester, NY Williams earned a bachelor’s degree from Florida A&M University and she is a Certified Public Accountant. Arlington, TX Caleres, Inc. It still needs to do much more like making its stores more exciting, analysts say. Macy’s as well as several other department stores struggled through the holiday season after a strong start. President: Harry A. Lawton Rosemont, IL Krishna oversees the teams that build the end-to-end e-commerce experience, enterprise-shared services, infrastructure, field services and functional IT support. In 2014, Ms. Beck received an appointment by Harvard Business School as an Entrepreneur-in-Residence and was named as one of Goldman Sachs' 100 Most Intriguing Entrepreneurs. The Woodlands, TX Willow Grove, PA Kingston, MA Ongman earned a bachelor's degree from The University of Alabama. Yonkers, NY The company’s revamped loyalty card program has helped keep its best customers engaged. Burlington, VT Williams has served in her current role as controller & chief risk officer since 2016. Goodyear, AZ Prior to joining The Home Depot in 2010 as senior director of information technology, Krishna was a director at Target with overall accountability for Target.com technology and operations. Poughkeepsie, NY Manhasset, NY In that role, she was responsible for all global human resource functions for the airline, including talent acquisition, training and talent development, compensation, benefits and diversity. Mullahy holds a bachelor’s degree in electrical engineering from The Ohio State University. That called into question whether such mall-based chains can compete in a changing landscape where shoppers are shifting more of their spending online. Lafayette, IN Hanover, MA Prior to joining Macy’s, Inc., Williams held various roles at The Coca-Cola Company and Bristol-Myers Squibb. Gennette also serves on the CEO Action for Diversity & Inclusion executive committee. (CBSNewYork) — Retailing giant Macy’s, headquartered in New York, announced staff reductions today that will affect management and workers across various levels of its organization. She serves as the legal advisor to senior management and the board of directors and is the Macy’s, Inc. corporate secretary. Fairfax, OH A native of Brooklyn, Garcia's first language is Spanish. Boca Raton, OH It has nearly 615 Macy's stores, some 170 bluemercury stores, and about 55 Bloomingdale's stores. Victor, NY Macy’s capital structure and ability to monetize significant assets gives the storied retailer more time and flexibility than others in roughly similar precarious situations (e.g. Costa Mesa, CA Joppa, MD Company profiles include full reviews and ratings of industry reputation, quality of life, salary, career advancement and diversity. Stock Exchange: , NYSE Darien, CT He has been involved in the real estate advisory, investing, finance and restructuring businesses for over 30 years. Prior to joining Macy's, Inc. he consulted on strategic and operational matters for several parties, including iStar Financial and Lehman Brothers, Bentall Kennedy and Clarion Partners. Cleveland, OH Rye, NY Homestead, PA Avenel, NJ Bowie, MD Shrewsbury, NJ Sarasota, FL Bridgewater, NJ She is also a founding executive sponsor of WAM (Women at Macy’s) Employee Resource Group. Aurora, IL Richmond, VA Stone Mountain, GA Arcadia, OH Sherman Oaks, CA Macy’s, like many other mall-based stores, is under pressure to reinvent itself as shoppers increasingly buy online. Maineville, OH Youngstown, OH Macy's is targeting $100 million in annual cost savings, starting in fiscal 2019, with its new restructuring plan. Tulsa, OK Newport Beach, OH Syracuse, NY Cape Girardeau, MO Miami Beach, OH

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