Macy's Management

Management criteria checks 2/4

Macy's' CEO is Tony Spring, appointed in Feb 2024, has a tenure of 1.25 years. total yearly compensation is $16.45M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth R$22.68M. The average tenure of the management team and the board of directors is 2.7 years and 3.1 years respectively.

Key information

Tony Spring

Chief executive officer

US$16.5m

Total compensation

CEO salary percentage7.9%
CEO tenure1.3yrs
CEO ownership0.1%
Management average tenure2.7yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tony Spring's remuneration changed compared to Macy's's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 01 2025US$16mUS$1m

US$582m

Nov 02 2024n/an/a

US$172m

Aug 03 2024n/an/a

US$184m

May 04 2024n/an/a

US$12m

Feb 03 2024US$6mUS$975k

US$45m

Oct 28 2023n/an/a

US$682m

Jul 29 2023n/an/a

US$749m

Apr 29 2023n/an/a

US$1b

Jan 28 2023US$3mUS$850k

US$1b

Oct 29 2022n/an/a

US$1b

Jul 30 2022n/an/a

US$2b

Apr 30 2022n/an/a

US$2b

Jan 29 2022US$5mUS$850k

US$1b

Compensation vs Market: Tony 's total compensation ($USD16.45M) is above average for companies of similar size in the BR market ($USD1.40M).

Compensation vs Earnings: Tony 's compensation has increased by more than 20% in the past year.


CEO

Tony Spring (59 yo)

1.3yrs

Tenure

US$16,452,108

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

NamePositionTenureCompensationOwnership
Antony Spring
CEO & Chairman1.3yrsUS$16.45m0.12%
R$ 22.7m
Adrian Mitchell
Executive VP4.5yrsUS$5.50m0.085%
R$ 16.0m
Tracy Preston
Chief Legal Officer & Corporate Secretary1.3yrsUS$2.67m0.0017%
R$ 320.0k
Danielle Kirgan
Executive VP7.6yrsUS$3.49m0.14%
R$ 26.1m
Olivier Bron
Chief Executive Officer of Bloomingdale1.5yrsUS$2.59m0.0022%
R$ 421.7k
Keith Credendino
Chief Information Officerless than a yearno datano data
Pamela Quintiliano
Head of Investor Relations2.7yrsno datano data
Sharon Otterman
Chief Marketing Officer1.4yrsno datano data
Mike Dervos
Senior VP & Regional Director of Chicago17yrsno datano data
Nata Dvir
Chief Merchandising Officerno datano datano data
Chuck DiGiovanna
Senior Vice President of Real Estate4.2yrsno datano data
Emily Erusha-Hilleque
Senior Vice President of Private Brands3.2yrsno datano data

2.7yrs

Average Tenure

54yo

Average Age

Experienced Management: MACY34's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Antony Spring
CEO & Chairman2.2yrsUS$16.45m0.12%
R$ 22.7m
Richard Markee
Independent Director1.1yrsUS$244.20kno data
Sara Levinson
Independent Director28yrsUS$270.31kno data
Paul Varga
Lead Independent Director13.2yrsUS$316.24k0.015%
R$ 2.7m
Torrence Boone
Independent Director5.4yrsUS$269.99kno data
Deirdre Connelly
Independent Director17.3yrsUS$288.43k0.0039%
R$ 732.3k
Jill Granoff
Independent Director3.1yrsUS$290.55kno data
Marie Chandoha
Independent Director3.1yrsUS$294.34kno data
Naveen Chopra
Independent Director2.1yrsUS$269.99kno data
Douglas Sesler
Independent Director1.1yrsUS$243.79k0.011%
R$ 2.1m
Tracey Zhen
Independent Director3.6yrsUS$270.86kno data
Emilie Arel
Independent Director2.8yrsUS$271.64kno data

3.1yrs

Average Tenure

61yo

Average Age

Experienced Board: MACY34's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/04 04:32
End of Day Share Price 2025/05/02 00:00
Earnings2025/02/01
Annual Earnings2025/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Macy's, Inc. is covered by 37 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
Ishan MajumdarBaptista Research
Robert DrbulBarclays