Posted 30 March, 2022
Macy's, Inc. appointed new CEO
CEO Change detected for ticker NYSE:M in a 8-K filed on 30 March, 2022.
On March 24, 2022, the Board of Directors of Macy's, Inc. ("Macy's") elected Marie Chandoha and Jill Granoff as independent directors, effective April 1, 2022. Ms.Chandoha is former President and Chief Executive Officer of Charles Schwab Investment Management, Inc., the investment management subsidiary of Charles Schwab Corporation.
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Overview of Macy's, Inc.
Retail/Wholesale • Mixed Retailing
Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.Market Cap
$5.80B
View Company Details
$5.80B
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 24, 2022, the Board of Directors of Macy's, Inc. ("Macy's") elected Marie Chandoha and Jill Granoff as independent directors, effective April 1, 2022. Ms.Chandoha is former President and Chief Executive Officer of Charles Schwab Investment Management, Inc., the investment management subsidiary of Charles Schwab Corporation. Ms. Granoff is Managing Partner of Eurazeo, S.A., a private equity company, and Chief Executive Officer of Eurazeo Brands division. Ms. Chandoha and Ms. Granoff will participate in Macy's standard non-employee director compensation arrangements described in the proxy statement for Macy's annual meeting of shareholders to be held on May 20, 2022 under the caption "Further Information Concerning the Board of Directors."
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