Macy's Management
Management criteria checks 2/4
Macy's' CEO is Tony Spring, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is $5.78M, comprised of 16.9% salary and 83.1% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth $4.59M. The average tenure of the management team and the board of directors is 3.3 years and 2.6 years respectively.
Key information
Tony Spring
Chief executive officer
US$5.8m
Total compensation
| CEO salary percentage | 16.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.09% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Macy's: Still Looking For A Bigger Bid
Apr 25Macy's: A Sell On Rising Credit Card Delinquencies
Apr 18Macy's (NYSE:M) Is Paying Out A Larger Dividend Than Last Year
Mar 05
Macy's: Q4 Results Are A Cause For Optimism
Mar 01Is Macy's (NYSE:M) Using Too Much Debt?
Jan 19Macy's: Holding For Takeover Bid, Expecting Decent Post-Holiday Sales Results
Jan 16Macy's, Inc. (NYSE:M) Stock Rockets 39% But Many Are Still Ignoring The Company
Dec 19Macy's: Hard Pass On This Buyout Offer
Dec 11Macy's (NYSE:M) Has Affirmed Its Dividend Of $0.1654
Dec 08Macy's (NYSE:M) Has Announced A Dividend Of $0.1654
Nov 24Macy's: Property Portfolio Will Not Save It As Profitability Tumbles
Nov 13Macy's (NYSE:M) Is Due To Pay A Dividend Of $0.1654
Nov 02Macy's: Navigating Modern Retail Challenges With Legacy Strengths
Oct 13Is Now The Time To Look At Buying Macy's, Inc. (NYSE:M)?
Oct 09Macy's: A Deep Value Trap?
Oct 02Returns At Macy's (NYSE:M) Appear To Be Weighed Down
Sep 21Buy Macy's: It's A Covered Land Play In Disguise
Sep 07Macy's (NYSE:M) Is Due To Pay A Dividend Of $0.1654
Aug 31Macy's: Greatly Undervalued, Extracting Value From Real Estate, Stock Buybacks And Potential Catalysts
Aug 16Does Macy's (NYSE:M) Have A Healthy Balance Sheet?
Aug 02Macy's: Declining Sales A Concern But Not Worth Selling The Stock Over
Aug 02Macy's: Business As Usual
Jul 22Is There An Opportunity With Macy's, Inc.'s (NYSE:M) 39% Undervaluation?
Jul 05Macy's (NYSE:M) Hasn't Managed To Accelerate Its Returns
Jun 22Macy's: Now Fairly Valued
Jun 20A Conservative Strategy For Playing Macy's Already Low Valuation
Jun 05Macy's' (NYSE:M) Dividend Will Be $0.1654
Jun 04Why Macy's, Inc. (NYSE:M) Could Be Worth Watching
May 03Macy's (NYSE:M) Takes On Some Risk With Its Use Of Debt
Apr 05Estimating The Fair Value Of Macy's, Inc. (NYSE:M)
Mar 23Returns Are Gaining Momentum At Macy's (NYSE:M)
Mar 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 03 2024 | US$6m | US$975k | US$105m |
| Oct 28 2023 | n/a | n/a | US$684m |
| Jul 29 2023 | n/a | n/a | US$749m |
| Apr 29 2023 | n/a | n/a | US$1b |
| Jan 28 2023 | US$3m | US$850k | US$1b |
| Oct 29 2022 | n/a | n/a | US$1b |
| Jul 30 2022 | n/a | n/a | US$2b |
| Apr 30 2022 | n/a | n/a | US$2b |
| Jan 29 2022 | US$5m | US$850k | US$1b |
Compensation vs Market: Tony 's total compensation ($USD5.78M) is below average for companies of similar size in the US market ($USD8.43M).
Compensation vs Earnings: Tony 's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Tony Spring (58 yo)
less than a year
Tenure
US$5,777,959
Compensation
Mr. Antony Spring also known as Tony, serves as Chairman of NRF Foundation. He serves as Chief Executive Officer at Macy's Inc. from February 2024 and serves as its Director since March 2023 and serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | less than a year | US$5.78m | 0.090% $ 4.6m | |
| Executive VP | 3.5yrs | US$7.89m | 0.044% $ 2.2m | |
| Chief Legal Officer & Corporate Secretary | less than a year | US$1.53m | no data | |
| Executive VP | 6.6yrs | US$3.12m | 0.12% $ 6.0m | |
| Chief Information Officer | 3.2yrs | no data | no data | |
| Head of Investor Relations | 1.7yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief Executive Officer of Action for Racial Equity | 3.5yrs | US$1.65m | no data | |
| Senior VP & Regional Director of Chicago | 16yrs | no data | no data | |
| Chief Diversity | no data | no data | no data | |
| Chief Stores Officer | 4.3yrs | no data | no data | |
| Chief Merchandising Officer | no data | no data | no data |
3.3yrs
Average Tenure
57yo
Average Age
Experienced Management: M's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.2yrs | US$5.78m | 0.090% $ 4.6m | |
| Independent Director | 27yrs | US$273.68k | no data | |
| Lead Independent Director | 12.2yrs | US$301.35k | 0.015% $ 746.0k | |
| Independent Director | 4.4yrs | US$271.11k | no data | |
| Independent Director | 16.3yrs | US$289.61k | 0.0039% $ 199.8k | |
| Independent Director | 2.1yrs | US$253.01k | no data | |
| Independent Director | 8.1yrs | US$271.03k | 0.0041% $ 206.9k | |
| Independent Director | 2.1yrs | US$291.28k | no data | |
| Independent Director | less than a year | no data | 0.011% $ 577.6k | |
| Independent Director | 2.6yrs | US$270.69k | no data | |
| Independent Director | 2.6yrs | US$270.30k | no data | |
| Independent Director | 1.8yrs | US$140.51k | no data |
2.6yrs
Average Tenure
58.5yo
Average Age
Experienced Board: M's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.