Executive Summary

• On May 23, Macy’s announced the appointment of Paula A. Price as Chief Financial Officer, effective July 9.
• Price will succeed Karen Hoguet who had previously announced plans to retire at the end of the 2018 fiscal year. Hoguet will remain with Macy’s in an advisory role through February 2, 2019.
• Price has 30 years of finance experience, mostly from retail and consumer-facing businesses, including as Executive Vice President, CFO of Ahold USA, and Senior VP, Controller and Chief Accounting Officer of CVS Caremark Corporation. She is also a certified public accountant with an MBA from the University of Chicago Booth School of Business.