Macy’s has appointed Adrian Mitchell as chief financial officer, effective November 2, 2020.
Mitchell will be responsible for leading all finance functions including accounting, treasury, investor relations, internal audit, financial/capital planning & analysis, and procurement. He will report to Jeff Gennette, chairman and CEO of Macy’s.
Mitchell joins Macy’s from Boston Consulting Group (BCG) where he is a managing director and partner in the digital and consumer practices. Prior to joining BCG, Mitchell had wide-ranging retail experiences. He served as chief executive officer of Arhaus LLC, a home furnishings retailer from 2016 to 2017. Mitchell joined Crate & Barrel in 2010 as chief financial officer. In 2011, he took on the additional responsibilities of chief operating officer and from 2014-2015 he also concurrently served as interim CEO. He held management positions at Target from 2007 to 2010 including director of strategy & interactive design for target.com and director of innovation & productivity leading enterprise-wide projects for Target Corporation.
“We’re delighted that Adrian is joining Macy’s, Inc. at this crucial time in our company’s journey and look forward to welcoming him on November 2,” said Gennette. “In a retail environment where change is accelerating beyond what we could have imagined a year ago, Adrian’s depth of financial and operational experience, coupled with his leadership in strategy, innovation, and transformation, will help us on our path to emerge a stronger company.”
Felicia Williams, who has been interim chief financial officer since June 1, will be joining the CEO Action for Racial Equity as a Macy’s, Inc. fellow. She will play a key role in the CEO Action commitment to identify, develop and promote scalable and sustainable policies and corporate best practices to address systemic racism and social injustice, and improve societal well-being.