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Macy’s President Jeff Gennette to Succeed Terry Lundgren as CEO in 1Q 2017

Executive Summary

  • Terry Lundgren will retire from his position as CEO of Macy’s in the first quarter of 2017, but remain Executive Chairman.
  • At that time, Jeff Gennette will transition from his position of President to become the new CEO
  • Gennette was hired as the company’s President in 2014 as part of a succession plan enacted by the Board of Directors

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