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Macy’s announces new key executive appointments

By Prachi Singh

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Macy’s has announced a series of new senior executive appointments as the company continues to deepen its focus on driving profitable sales growth as a leading omni-channel retailer. All changes were effective January 31, 2015.

“We are creating new opportunities for well-rounded and experienced executives who understand the value of placing the customer at the center of all decisions as shopping patterns evolve,” said Terry J. Lundgren, Macy’s Chairman and Chief Executive Officer.

Jeff Gennette, president of Macy’s will now concentrate more on facilitating broader growth strategies within Macy’s existing omnichannel businesses to attract new shoppers and to strengthen customer relationships. Going forward, Gennette will oversee Macy’s merchandise planning, as well as maintain oversight responsibility for merchandising and marketing of stores and digital, and private brand product development. He continues to report to Lundgren. In broadening his purview, Gennette has relinquished his day-to-day responsibilities as Macy’s Chief Merchandising Officer.

Timothy G. Baxter, previously Macy’s Executive Vice President and General Merchandise Manager for ready-to-wear, has been promoted to succeed Gennette as Macy’s Chief Merchandising Officer. Molly Langenstein, previously Executive Vice President for men’s and kids private brands, has been promoted to Chief Private Brands Officer, succeeding Tim Adams. Patti H. Ongman, previously Executive Vice President for omnichannel strategies, has been promoted to Macy’s Chief Merchandise Planning Officer, succeeding Julie Greiner, who will retire later this year. Martine Reardon continues in her role as Chief Marketing Officer, now with responsibility for all Macy’s omnichannel market presence and strategy, including brand, promotional, store, digital and events marketing activity, as well as customer analytics. All of these executives would report into Gennette.

Peter Sachse, Macy’s Chief Stores Officer since 2012, has moved to a new role as Macy’s Chief for Innovation and Business Development. He will continue to report to Lundgren. In this capacity, Sachse will oversee current and future growth initiatives, including international development, exploration of a Macy’s off-price strategy, potential new store formats, expansion of the company’s offering for wedding-related occasions and gifting, and application of technology to the shopping experience.

Among those, who will now report to Sachse include Tim M. Adams, previously Chief Private Brands Officer, who will focus more time and attention to his ongoing duties studying international development opportunities for Macy’s and Bloomingdale’s with a new title of Chief for International Business Development and Kent Anderson, who has served as President of macys.com since 1998, will assume a new role as President for Innovation.

Jeff Kantor, previously Chairman of macys.com, has become Macy’s Chief Stores Officer, reporting to Lundgren. Kantor will oversee all aspects of stores strategy, management and operations, including the field stores organization of regions, districts and stores with responsibility for localizing the customer shopping experience and customer engagement. R.B. Harrison continues in his role as Chief Omnichannel Officer with responsibility for coordinating omnichannel retailing strategies, as well as oversight of systems, technology, logistics, fulfillment and distribution for Macy’s and Bloomingdale’s.

jeff gennette
Macy's
peter sachse