Macy’s New CEO Brings Decades of Inside Experience to Top Post

  • Gennett will try to revive chain amid slumping mall sales
  • Lundgren to step down after leading company for 14 years

Jeff Gennette to Become Macy's CEO

Macy’s Inc. picked a career insider to be its next chief executive officer, betting that a manager with a background in merchandising can figure out a way to reinvent the struggling department-store chain.

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