Macy's Tabs Gennette as President
CINCINNATI-Jeff Gennette, who has been Macy's chief merchandising officer for the past five years, has been promoted to president of the department store retailer, effective immediately.
Gennette reports to Terry Lundgren, who remains chairman and CEO, and who previously held the title of president. In his new role, he retains his day-to-day responsibility over Macy's merchandising and marketing functions and over macys.com. He has also assumed the additional responsibility over Macy's private brands organization. His assumption of the president's title is a recognition of his additional responsibilities, according to a Macy's spokesman.
Gennette's Macy's career dates to 1983, when he joined Macy's West as an executive trainee. He later became senior vice president and general merchandise manager for Macy's West, and moved from there to become executive vice president and director of stores for Macy's Central.
In 2005, he was named chairman and CEO of Macy's Northwest, and in 2008 he became chairman and CEO of Macy's West. He served in this role until 2009, when he was named chief merchandising officer.
Lundgren described Gennette as "an outstanding merchant who has proven to be an insightful strategist and strong leader in our company." He added that this move gives Gennette "a total view of Macy's merchandise assortment and marketing strategy, both in stores and online, consistent with our omnichannel vision."