Macy's Management
Management criteria checks 1/4
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 0.096% of the company’s shares, worth €4.16M. The average tenure of the management team and the board of directors is 2.9 years and 2.8 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 | 0.1% |
| Management average tenure | 2.9yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 03 2024 | n/a | n/a | US$184m |
| May 04 2024 | n/a | n/a | US$12m |
| 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 above average for companies of similar size in the Austrian market ($USD1.89M).
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 (59 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 | 0.096% € 4.2m | |
| Executive VP | 4yrs | US$7.89m | 0.039% € 1.7m | |
| Chief Legal Officer & Corporate Secretary | less than a year | US$1.53m | no data | |
| Executive VP | 7.1yrs | US$3.12m | 0.13% € 5.4m | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | 2.2yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief Executive Officer of Action for Racial Equity | 4yrs | US$1.65m | no data | |
| Senior VP & Regional Director of Chicago | 16.5yrs | no data | no data | |
| Chief Diversity | no data | no data | no data | |
| Chief Merchandising Officer | no data | no data | no data | |
| Senior Vice President of Real Estate | 3.7yrs | no data | no data |
2.9yrs
Average Tenure
58yo
Average Age
Experienced Management: MACY's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.7yrs | US$5.78m | 0.096% € 4.2m | |
| Independent Director | 27.5yrs | US$273.68k | no data | |
| Lead Independent Director | 12.7yrs | US$301.35k | 0.015% € 629.6k | |
| Independent Director | 4.9yrs | US$271.11k | no data | |
| Independent Director | 16.8yrs | US$289.61k | 0.0039% € 168.7k | |
| Independent Director | 2.6yrs | US$282.89k | no data | |
| Independent Director | 2.6yrs | US$291.28k | no data | |
| Independent Director | 1.6yrs | US$260.83k | no data | |
| Independent Director | less than a year | no data | 0.011% € 487.6k | |
| Independent Director | 3.1yrs | US$270.69k | no data | |
| Independent Director | 3.1yrs | US$270.30k | no data | |
| Independent Director | 2.3yrs | US$270.84k | no data |
2.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: MACY's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.