Terry Lundgren news and archive

Macy’s Executive Chairman Terry Lundgren to retire in January 2018

Macy's has announced that its Executive Chairman Terry Lundgren will retire from the board of directors effective January 31, 2018. The board has appointed Jeff Gennette, who has been CEO since March 2017, to fill in the role of Chairman after Lundgren’s retirement. The company added that Marna Whittington remains Lead Independent Director and...

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Macy's CEO Terry Lundgren stepping down, replacement named

After 13 years in one of the most respected roles in fashion, Macy's chief executive officer Terry Lundgren has announced that in 2017 he will be stepping down from his role. Lundgren has served in his role since 2003, and his successor will be Jeff Gennette, who will take on the dual role of ceo and president. Lundgren will continue on as...