Mac'y's top executive unexpectedly announced his retirement Wednesday. Chairman and CEO Jeff Gennette, 61, will retire in February 2024, after nearly seven years in the role and 40 years with the
company. "Gennette’s upcoming retirement generated two management changes, including the appointment of Tony Spring, 58, chairman and CEO of the company’s Bloomingdale’s division, as
president of Macy’s Inc. and CEO-elect," per
Chain Store Age.
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