New CEO Jeff Gennette Takes the Reins at Macy’s

Struggling retail giant Macy’s (NYSE: M) has a new leader. The company announced that, effective immediately, Jeff Gennette is its CEO, after being elected unanimously by the board of directors. The vote was only a formality. The company announced last summer that Gennette would ascend to the position in this year’s first quarter. Gennette replaces Terry Lundgren, who had occupied the CEO chair since 2003. …read more

Read more here: New CEO Jeff Gennette Takes the Reins at Macy’s

Leave a Reply

%d bloggers like this: