Macy’s Longtime CFO Retiring

For 21 years, Karen Hoguet has served as Macy’s chief financial officer.

But Hoguet is calling it a career, announcing her retirement effective February 2019, which is the completion of the department store retailer’s fiscal year. Macy’s officials said an external search is underway for her replacement.

Hoguet will continue in her role as CFO until her successor is appointed. She will then remain in an advisory role to support the company during a transition period until February 2 of next year.

She began her career at Federated Department Stores in 1982 and was appointed to her current position in 1997.