Terry J. Lundgren, Chairman, President and CEO of Macy’s, Inc. to Be Honored as 2013 “Father of the Year”

  Terry J. Lundgren, Chairman, President and CEO of Macy’s, Inc. to Be Honored
  as 2013 “Father of the Year”

Business Wire

NEW YORK -- January 24, 2013

The National Father’s Day Council announced today that Terry J. Lundgren,
Chairman, President and CEO of Macy’s, Inc., has been named a recipient of its
2013 "Father of the Year" Award. Mr. Lundgren joins President Bill Clinton,
Founder of the William J. Clinton Foundation and 42^nd President of the United
States, as a fellow honoree. The awards will be presented at the 72^nd Annual
Father of the Year Awards in New York City on Tuesday, June 11, 2013.

With proceeds benefitting Save the Children’s U.S. Programs, the awards
luncheon will take place at 12:00 p.m. at the Grand Hyatt New York Hotel. For
tickets and sponsorship, please contact the Council office at 212-594-5977 or
www.momanddadday.com.

Mr. Lundgren began his retailing career in 1975 as a trainee with Bullock’s, a
Los Angeles-based division of Federated Department Stores, Inc. (the corporate
predecessor of Macy’s). He held positions of increasing responsibility over
the next decade in buying, store management, human resources, and served as
the division’s director of stores, eventually becoming President and CEO of
Bullocks Wilshire, then an upscale chain of specialty department stores owned
by Federated. Mr. Lundgren left Federated after its acquisition by the Campeau
Corporation in 1988, joining Neiman Marcus in Dallas, Texas, where he served
as Chairman and CEO. He returned to Federated in April of 1994 as Chairman and
CEO of the Federated Merchandising Group. Mr. Lundgren assumed his current
titles of Chairman, President and CEO of Macy’s, Inc. in 2004, and he led the
acquisition of The May Department Stores Company in August 2005.

Mr. Lundgren is a native of Long Beach, California, and a graduate of the
University of Arizona where he is an active supporter of The Terry J. Lundgren
Center for Retailing. Mr. Lundgren has been appointed Commissioner on Women’s
Economic Development by the Mayor of New York. He has been presented with many
business recognition awards and has served as dinner chairman or as honoree
for numerous retail industry organizations and charities, including Carnegie
Hall, the Fresh Air Fund, American Jewish Committee, Breast Cancer Research
Fund, NOW Legal Defense, Parsons School, Fashion Institute of Technology and
the Ovarian Cancer Society. Mr. Lundgren currently serves on the boards of the
Federal Reserve Bank of New York, The Procter & Gamble Company, Kraft Foods
Inc., Carnegie Hall, the National Retail Federation and United Way of New York
City, as well as participating in numerous other charitable and civic efforts.
He currently is co-chairman of the Partnership for New York City, and has
served as chairman of the National Minority Supplier Development Council. Mr.
Lundgren serves on the executive committee of the Economic Club of New York
and is involved with the New York City Principal for a Day Program.

He has two daughters and currently resides in New York City with his wife,
Tina.

“We are truly privileged to have such an esteemed and well-respected retail
industry veteran accept this award,” said Dan Orwig, Chairman of the National
Father’s Day Committee, and VP, Group Director Men’s Division Itochu
Prominent. “Mr. Lundgren is recognized for his role as an inspirational and
dedicated father, as well as his outstanding philanthropic efforts and
distinguished career. He embodies the passion, leadership and true devotion to
both his family and career that is celebrated by this award.”

As part of its commitment to support meaningful philanthropies dealing with
issues affecting mothers, fathers and children, the National Father’s
Day/Mother’s Day Council, Inc. has donated more than $30 million to date to
meaningful charities nationwide.

About The National Father’s Day Council

The National Father's Day Committee is part of the Father's Day/Mother's Day
Council, Inc., a non-profit association that has as its mission the
recognition and awarding of honors to role model contemporary Fathers and
Mothers, while at the same time contributing to issues affecting the life and
well-being of men, women and families. Past honorees have included Presidents
Dwight D. Eisenhower, John F. Kennedy and Ronald Reagan, Generals Douglas
MacArthur, Colin Powell and Norman Schwarzkopf, sports notables Shaquille
O’Neal, George Forman and Steve Young, and communications leaders Tim Russert
and Brian Williams. To learn more about The National Father’s Day Council,
visit our website at www.momanddadday.com.

About Save the Children’s U.S. Programs

Save the Children’s U.S. Programs works to break the cycle of poverty and
improve the lives of children by ensuring they have the resources they need –
like access to a quality education, healthy foods and opportunities to learn
and grow in a nurturing environment. Save the Children’s early childhood
education, literacy, physical activity and nutrition and emergency response
programs reached more than 78,000 children in the United States last year
alone. For more information visit www.savethechildren.org/usa.

Contact:

Berns Communications Group
Michael McMullan/Danielle Poggi, 212-994-4660