Consumer

Macy’s Picks Former Capri Executive to Fill COO, CFO Roles

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Macy’s Inc. hired a top executive from Capri Holdings Ltd., the owner of the Michael Kors brand, to play a key role in the department store’s turnaround bid.

Thomas J. Edwards will take over as Macy’s chief financial officer and chief operating officer on June 22, according to a company statementBloomberg Terminal. He holds the same roles at Capri and will be replacing Macy’s current CFO and COO, Adrian Mitchell, who will depart on June 21.