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 0.09% of the company’s shares, worth R$23.59M. The average tenure of the management team and the board of directors is 3.3 years and 2.5 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	2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tony Spring's remuneration changed compared to Macy's's earnings?
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 ($USD5.78M) is above average for companies of similar size in the BR market ($USD2.66M).

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
Antony Spring	CEO & Chairman	less than a year	US$5.78m	0.090% $ 23.6m
Adrian Mitchell	Executive VP	3.4yrs	US$7.89m	0.044% $ 11.4m
Tracy Preston	Chief Legal Officer & Corporate Secretary	less than a year	US$1.53m	no data
Danielle Kirgan	Executive VP	6.5yrs	US$3.12m	0.12% $ 30.8m
Laura Miller	Chief Information Officer	3.1yrs	no data	no data
Pamela Quintiliano	Head of Investor Relations	1.6yrs	no data	no data
Sharon Otterman	Chief Marketing Officer	less than a year	no data	no data
Felicia Williams	Chief Executive Officer of Action for Racial Equity	3.4yrs	US$1.65m	no data
Mike Dervos	Senior VP & Regional Director of Chicago	15.9yrs	no data	no data
Shawn Outler	Chief Diversity	no data	no data	no data
Marc Mastronardi	Chief Stores Officer	4.3yrs	no data	no data
Nata Dvir	Chief Merchandising Officer	no data	no data	no data

3.3yrs

Average Tenure

57yo

Average Age

Experienced Management: MACY34's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Antony Spring	CEO & Chairman	1.1yrs	US$5.78m	0.090% $ 23.6m
Sara Levinson	Independent Director	26.9yrs	US$273.68k	no data
Paul Varga	Lead Independent Director	12.1yrs	US$301.35k	0.015% $ 3.8m
Torrence Boone	Independent Director	4.3yrs	US$271.11k	no data
Deirdre Connelly	Independent Director	16.3yrs	US$289.61k	0.0039% $ 1.0m
Jill Granoff	Independent Director	2yrs	US$253.01k	no data
William Lenehan	Independent Director	8yrs	US$271.03k	0.0041% $ 1.1m
Marie Chandoha	Independent Director	2yrs	US$291.28k	no data
Douglas Sesler	Independent Director	no data	no data	0.011% $ 3.0m
Tracey Zhen	Independent Director	2.5yrs	US$270.69k	no data
Ashley Buchanan	Independent Director	2.5yrs	US$270.30k	no data
Emilie Arel	Independent Director	1.7yrs	US$140.51k	no data

2.5yrs

Average Tenure

58.5yo

Average Age

Experienced Board: MACY34's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Macy's Management

Management criteria checks 1/4

Key information

Recent management updates

Macy's, Inc. Announces Board Changes

Macy's, Inc., Annual General Meeting, May 17, 2024

Macy's, Inc. Names Tracy Preston as Chief Legal Officer, Effective January 8, 2024

Macy’S, Inc. Names Sharon Otterman Chief Marketing Officer, Effective on December 11, 2023

Macy's, Inc. Announces Executive Changes

Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale’s

Recent updates

Macy's, Inc. Announces Board Changes

Arkhouse Management Provides Information to Shareholders of Macy’s

Arkhouse Holds Due Diligence Talks with Macy's

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Arkhouse and Brigade Capital Increase Offer to Acquire Macy’s

Macy's, Inc., Annual General Meeting, May 17, 2024

Macy's, Inc. Provides Earnings Guidance for the Year 2024

Macy's, Inc. Declares Quarterly Dividend, Payable on April 1, 2024

Macy's, Inc. to Report Q4, 2024 Results on Feb 27, 2024

Man Sues EssilorLuxottica , Macy’s over False Imprisonment, Sexual Assault

Brigade Capital Management, LP and Arkhouse Management Co., LP cancelled the acquisition of the remaining shares of Macy's, Inc. (NYSE:M).

Macy's Mulls $5.8 Billion Buyout Offer

Macy's, Inc. Names Tracy Preston as Chief Legal Officer, Effective January 8, 2024

Macy’S, Inc. Names Sharon Otterman Chief Marketing Officer, Effective on December 11, 2023

Macy's, Inc. Revises Earnings Guidance for the Year 2023

Macy's, Inc. Announces Executive Changes

Macy’S, Inc. Board of Directors Declares Quarterly Dividend, Payable on January 2, 2024

Macy's, Inc. to Report Q3, 2024 Results on Nov 16, 2023

Macy's Launches New Digital Fashion Platform - Mstylelab

Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale’s

Macy’S, Inc. Declares Quarterly Dividend, Payable October 2, 2023

Macy's, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Macy’s, Inc. Names Massimo (Max) Magni Chief Customer and Digital Officer

Hotel Collection Takes Stand Against Macy's in Trademark Dispute

Macy's, Inc. to Report Q2, 2024 Results on Aug 22, 2023

Macy's Unveils on 34th as Part of its Reimagined Brand Portfolio

Settlement Reaches with Macy's Inc., Macy's Retail Holdings, Inc. n/k/a Macy's Retail Holdings, LLC, Macy's West Stores, Inc. n/k/a Macy's Retail Holdings, LLC, and Macys.Com, LLC in Class Action Lawsuit

Macy's, Inc. Declares Its Regular Quarterly Dividend, Payable on July 3, 2023

Macy's, Inc. Announces Retirement of Elisa D. Garcia as Executive Vice President, Chief Legal Officer and Secretary

Macy's, Inc. to Report Q1, 2024 Results on Jun 01, 2023

Macy's, Inc. and Shash Diné Launch Limited Edition Home Designs for the Hotel Collection

Macy's, Inc. to Report Fiscal Year 2023 Results on Mar 02, 2023

Macy's, Inc. Revises Earnings Guidance for the Fourth Quarter of 2022

Macy's, Inc. Reaffirms Sales Guidance for the Year 2022

Macy's, Inc. Declares Regular Quarterly Dividend, Payable on January 3, 2023

Macy's, Inc. Appoints Pam Quintiliano as Head of Investor Relations, Effective September 12, 2022

Macy’s, Inc. Declares Quarterly Dividend, Payable on October 3, 2022

Macy's, Inc. Provides Sales Guidance for the Third Quarter of 2022

Macy’s, Inc. Appoints Emilie Arel to Board of Directors

Food Network Star Molly Yeh Launches First Girl Meets Farm Kitchenware Line Exclusively for Macy’s

Macy's, Inc. to Report Q2, 2023 Results on Aug 23, 2022

Macy's, Inc.(NYSE:M) dropped from Russell 2000 Dynamic Index

Macy's, Inc. Declares Regular Quarterly Dividend Payable on July 1, 2022

Macy's, Inc. to Report Q1, 2023 Results on May 26, 2022

Macy's Inc. Appoints Marie Chandoha and Jill Granoff to Board of Directors, Effective April 1, 2022

Macy's, Inc., Annual General Meeting, May 20, 2022

Macy's, Inc. (NYSE:M) announces an Equity Buyback for $2,000 million worth of its shares.

Macy's, Inc. to Report Q4, 2022 Results on Feb 22, 2022

Macy's, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2021

Macy's, Inc. (NYSE:M) announces an Equity Buyback for $500 million worth of its shares.

Macy’s Launches And Now This for the Fashion-Forward, Contemporary Shopper

Macy's, Inc. Revises Earnings Guidance for the Fiscal Year 2021

Macy's, Inc. Announces Changes to its Senior Leadership Team

Macy's, Inc., Annual General Meeting, May 21, 2021

Macy’s Names Xingchu Liu as Senior Vice President, Enterprise Data & Analytics

Macy's, Inc. to Report Q4, 2021 Results on Feb 23, 2021

Macy's, Inc.(NYSE:M) dropped from INDUSTRIALS

Macy’s, Inc. Appoints Nata Dvir as Chief Merchandising Officer, Effective February 1, 2021

Macy’s, Inc. Announces Executive Changes

Macy’s, Inc. Announces Chief Financial Officer Transition

Macy's, Inc. (NYSE:M) acquired an unknown minority stake in Klarna Bank AB (publ).

Macy's, Inc. to Report Q1, 2020 Results on May 15, 2019

Federated Department Stores Inc. acquired 20% stake in WeddingChannel.com

Macy's, Inc. to Report Q3, 2021 Results on Nov 19, 2020

Macy's, Inc. to Report Q2, 2021 Results on Sep 02, 2020

Macy's, Inc.(NYSE:M) dropped from Russell 1000 Dynamic Index

Macy's, Inc.(NYSE:M) dropped from Russell 1000 Index

CEO Compensation Analysis

CEO