US: Macy’s shuffles team as Cole departs
Macy’s chief administrative officer Thomas Cole – a 41-year veteran of the company – is retiring, prompting a series of changes to the retailer’s executive team.
Cole will remain with the US business until May this year, to allow a smooth transition to several other executives.
These include William Allen, previously senior vice-president with AP Moller-Maersk, who is appointed as the company’s new chief human resources officer.
Robert Harrison, previously executive vice president for omnichannel strategy, is given the newly created role of chief omnichannel officer and will also join the company’s executive committee.
Macy’s CFO Karen Hoguet assumes additional responsibilities for store planning, design and construction, while chief stores officer Peter Sachse will also now take charge of store planning, design and construction.
“These adjustments to our senior leadership team provide continuity and strengthen our ability to innovate as we work to maximise results in the years ahead from our core business strategies, including My Macy’s localisation, omnichannel alignment and customer engagement,” said Terry Lundgren, Macy’s chairman, president and CEO.
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