Macy's Appoints Jeffrey Gennette As President

(RTTNews) - Macy's, Inc. (M) said Monday that Jeffrey Gennette, who has served for the past five years as the company's chief merchandising officer, has been elected President of the company, effective immediately.

Gennette will report to chairman and chief executive officer Terry Lundgren, and continues to be based in New York City.

Gennette, 52, has been Macy's chief merchandising officer since 2009. He served as chairman and CEO of Macy's West for the previous year, and was chairman and CEO of Macy's Northwest in Seattle from December 2005 to February 2008. Before that, Gennette was executive vice president and director of stores for Macy's Central in Atlanta and SVP/general merchandise manager at Macy's West. Gennette joined Macy's West in 1983 as an executive trainee and held various merchant and store management positions in that division.