Douglas Sesler joins Macy’s as Executive VP for real estate

Douglas W. Sesler, a recognized leader in real estate investments, restructurings, strategic transactions and portfolio management, has joined Macy's as Executive Vice President for real estate.

At Macy's, Sesler will oversee the company's real estate function and lead high-priority initiatives to increase shareholder value through real estate strategies, including creating potential joint ventures or other partnerships involving the company flagship locations and mall-based properties. He will report directly to Terry J. Lundgren, Macy's Chairman and CEO, and work closely with Macy's investment banking advisors, including Eastdil Secured, Credit Suisse and Goldman Sachs. He will be based in New York.