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Executive Officers
Terry J. Lundgren
Chairman,
President and Chief
Executive Officer |
Terry J. Lundgren assumed the title of chairman,
president and CEO of Macy's, Inc. in January
2004. Prior to this, he served as president and
chief operating officer, a title he assumed in
March 2003 after having served as president and
chief merchandising officer since May 1997.
Lundgren began his retailing career in 1975
as a trainee with Bullock's, a Los Angelesbased
division of Federated. He held positions
of increasing responsibility over the next
decade in buying, store management, human
resources and senior-level store management, as well as serving as
the division's director of stores. Lundgren was named senior vice
president and general merchandising manager of Bullock's in 1984.
In 1987, he was named president and CEO of Bullocks Wilshire, then
an upscale chain of specialty department stores owned by Federated.
Lundgren left Federated in 1988 to join Neiman Marcus, where
he served as executive vice president and shortly thereafter was
named chairman and CEO. He returned to Federated in April 1994
as chairman and CEO of the Federated Merchandising Group.
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Thomas G. Cody
Vice Chair |
Thomas G. Cody was elected in February 2003
as vice chair with responsibility for legal and
human resources, internal audit, external affairs
and the company's philanthropic activities.
Previously, he served as executive vice president
for legal and human resources since May 1988.
From 1982 to 1988, Cody held the position
of senior vice president for law and public
affairs for Federated. Prior to joining Federated,
he spent six years with Pan American World
Airways, Inc. as senior vice president, general
counsel and secretary.
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Thomas L. Cole
Vice Chair |
Thomas L. Cole was elected Macy's, Inc. vice
chair in 2003. He is responsible for the store
design and construction and corporate real
estate functions, as well as the Macy's Logistics
and Operations (MLO), Macy's Systems and
Technology (MST) and Macy's Credit and
Customer Services (MCCS) divisions. Cole has
served as chairman of all three support divisions
- MLO since 1995, MST since 2001 and MCCS
since 2002. Previously, Cole was president of
Federated Merchandising Group (now known as
Macy's Merchandising Group) for six years and served as senior vice
president for financial services at the Lazarus division. He began his
career at Federated in 1972.
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Janet E. Grove
Vice Chair |
Janet E. Grove was elected vice chair of
the company in February 2003 and serves
as chairman of the Macy's Merchandising
Group (MMG), a position she has held since
1998. Previously, she served as Federated
Merchandising Group's (predecessor to
MMG) executive vice president for center
core, cosmetics and home merchandise.
She added the title of chief executive
officer in December 1999. Previously, she
was executive vice president for ready-towear
and center core. Grove joined FMG in January 1996 as a
senior vice president from Broadway Stores, Inc., where she was
executive vice president for home merchandise and center core.
She began her retail career in 1973 at Macy's West.
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Susan D. Kronick
Vice Chair |
Susan D. Kronick, who is responsible for
all of the company's department store
divisions, was elected Macy's, Inc. vice
chair in February 2003. Previously, she was
group president responsible for overseeing
the regional department store divisions.
Kronick also has served as chairman and
CEO of Burdines (now Macy's Florida)
and president and COO of Rich's/Lazarus/
Goldsmith's (now Macy's Central). She
joined Federated in 1973 as an executive
trainee at Bloomingdale's and rose through its ranks to become
senior executive vice president and director of stores.
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Karen M. Hoguet
Executive Vice President &
Chief Financial Officer |
Karen M. Hoguet was elected executive
vice president and chief financial officer of
Macy's, Inc. in May 2005. She is responsible
for all of the company's financial functions,
as well as Area Research. Previously, Hoguet
served as senior vice president and chief
financial officer, a position she had held
since 1997. Hoguet joined the company
in 1982 from the Boston Consulting
Group and served in a range of financial
management capacities, including senior
vice president for planning and treasurer of
the corporation.
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