Macy's insider Spring to replace turnaround CEO Gennette next year
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Macy's (M) names Tony Spring as CEO in leadership transition
March 29, 2023 8:57 AM EDT(Updated - March 29, 2023 2:23 PM EDT)
Update: Correction in headline - Jeff Gennette announces retirement / Tony Spring appointed CEO
Macys (NYSE: M) announced Wednesday that Chairman and longtime CEO, Jeff Gennette plans to retire in February after serving the company for 40 years.
The announcement follows a rigorous succession planning process that included an internal and external search. The search culminated in the decision to appoint Tony Spring, as Macys president and CEO-elect, and as a member of the board of directors.
Serving Macys, Inc. over the past 40 years... More
