Consumer
Macy’s CEO Jeff Gennette to Retire in 2024, Succeeded by Tony Spring
- Bloomingdale’s chief to be Macy’s president until February
- CFO Adrian Mitchell adds chief operating officer job to role
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Macy’s Inc. Chief Executive Officer Jeff Gennette will retire in February after nearly seven years of navigating a difficult department-store landscape, ceding the position to Bloomingdale’s CEO Tony Spring.
Spring, 58, who has been CEO at the high-end Bloomingdale’s chain since 2014 and joined the company in 1987, will serve as president of Macy’s until the 61-year-old Gennette’s retirement next year. In that role, he’ll lead Macy’s digital, customer, merchandising and brand teams, while overseeing the Bloomingdale’s and Bluemercury brands.