Macy’s Realigns Key Executives To Drive New Growth Strategies

Macy’s has announced a series of senior executive appointments as the company continues to deepen its focus on driving profitable sales growth as a leading omnichannel retailer and innovator.

According to the company, Jeff Gennette, president of Macy’s, Inc., will concentrate more of his time on facilitating broader growth strategies within Macy’s existing omnichannel businesses. Going forward, he will oversee the company’s merchandise planning, as well as maintain oversight responsibility for merchandising and marketing of Macy’s stores and digital, and private brand product development.

Gennette continues to report to Terry J. Lundgren, Macy’s chairman and chief executive officer. In broadening his purview, Gennette has relinquished his day-to-day responsibilities as Macy’s chief merchandising officer.

Among Gennette’s direct reports:

• Timothy Baxter, previously Macy’s evp and general merchandise manager for ready-to-wear, has been promoted to succeed Gennette as Macy’s chief merchandising officer.

• Molly Langenstein, previously evp for men’s and kids private brands, has been promoted to Macy’s chief private brands officer, succeeding Tim Adams (see below).

• Patti H. Ongman, previously evp for omnichannel strategies, has been promoted to Macy’s chief merchandise planning officer, succeeding Julie Greiner, who will retire later this year (see below).

• 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.

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 now reporting to Sachse are:

• Tim 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.

• 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. Kantor also is responsible for store visual merchandising, store design and construction, and real estate.

R.B. Harrison continues in his role as Macy’s, Inc. 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. Going forward, he will assume responsibility for the technology infrastructure, programming, site development and analytics for macys.com and bloomingdales.com, bringing together all of the company’s technology capabilities under a single executive officer. He continues to report to Lundgren.

Julie Greiner, Macy’s chief merchandise planning officer since 2009, will retire from the company in August 2015 after a 40-year career with Macy’s. Until August, she will remain on the executive committee to assist in the transition in merchandise planning and lead special merchandising projects with Gennette.