In connection with its leadership succession plan made public on March 29, 2023, Macy’s has announced that Tony Spring has taken over the CEO role at the company, succeeding Jeff Gennette, who is retiring.
Gennette will continue as chair of the Macy’s board until the company’s 2024 annual meeting when Spring will take over that role, the company noted.
Already a member of the executive leadership team, Spring has served for the past year as Macy’s president and chief executive officer-elect, leading the company’s digital, customer, merchandising and brand teams and also overseeing its Bloomingdale’s and Bluemercury operations. Prior to that, he was chairman and chief executive officer of Bloomingdale’s.
“Tony is the ideal CEO to build on our momentum and lead Macy’s, Inc. into the future,” said Gennette in announcing the CEO transition. “ He has only added to his many contributions in advancing the company’s strategies over the past year as president and CEO-elect after having delivered strong results during his tenure leading Bloomingdale’s and overseeing Bluemercury. In addition to building brands and consistently innovating for the customer, Tony has strengthened our culture through his leadership and is committed to talent development. It’s been a privilege to serve Macy’s, Inc. over the past 40 years, and I’m proud of the exceptional work of our colleagues in serving our customers and continuing to strengthen the company’s operational and financial foundation. I look forward to continuing to work alongside Tony and our other fellow directors in the coming months in my role as chair of the board.”
