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Macy's Fires Chief Growth Officer
- Cincinnati Enquirer, Tuesday, January 17, 2017 8 AM
Struggling department store Macy's said it has fired its chief growth officer, Peter Sachse. A 34-year Macy's employee, Sachse will leave the retail company Jan. 30. He will collect a $2.7 million lump sum payment as part of an "involuntary" severance package, benefits, a bonus and his stock awards will continue to vest into 2019.
