Macy's, Inc.

DB:FDO Stock Report

Market Cap: €4.3b

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 €4.15M. 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 percentage16.9%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure2.9yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tony Spring's remuneration changed compared to Macy's's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 03 2024n/an/a

US$184m

May 04 2024n/an/a

US$12m

Feb 03 2024US$6mUS$975k

US$105m

Oct 28 2023n/an/a

US$684m

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 ($USD5.78M) is above average for companies of similar size in the German market ($USD1.90M).

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

NamePositionTenureCompensationOwnership
Antony Spring
CEO & Chairmanless than a yearUS$5.78m0.096%
€ 4.2m
Adrian Mitchell
Executive VP4yrsUS$7.89m0.039%
€ 1.7m
Tracy Preston
Chief Legal Officer & Corporate Secretaryless than a yearUS$1.53mno data
Danielle Kirgan
Executive VP7.1yrsUS$3.12m0.13%
€ 5.4m
Keith Credendino
Chief Information Officerless than a yearno datano data
Pamela Quintiliano
Head of Investor Relations2.2yrsno datano data
Sharon Otterman
Chief Marketing Officerless than a yearno datano data
Felicia Williams
Chief Executive Officer of Action for Racial Equity4yrsUS$1.65mno data
Mike Dervos
Senior VP & Regional Director of Chicago16.5yrsno datano data
Shawn Outler
Chief Diversityno datano datano data
Nata Dvir
Chief Merchandising Officerno datano datano data
Chuck DiGiovanna
Senior Vice President of Real Estate3.7yrsno datano data

2.9yrs

Average Tenure

58yo

Average Age

Experienced Management: FDO's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Antony Spring
CEO & Chairman1.7yrsUS$5.78m0.096%
€ 4.2m
Sara Levinson
Independent Director27.5yrsUS$273.68kno data
Paul Varga
Lead Independent Director12.7yrsUS$301.35k0.015%
€ 628.5k
Torrence Boone
Independent Director4.9yrsUS$271.11kno data
Deirdre Connelly
Independent Director16.8yrsUS$289.61k0.0039%
€ 168.4k
Jill Granoff
Independent Director2.6yrsUS$282.89kno data
Marie Chandoha
Independent Director2.6yrsUS$291.28kno data
Naveen Chopra
Independent Director1.6yrsUS$260.83kno data
Douglas Sesler
Independent Directorless than a yearno data0.011%
€ 486.8k
Tracey Zhen
Independent Director3.1yrsUS$270.69kno data
Ashley Buchanan
Independent Director3.1yrsUS$270.30kno data
Emilie Arel
Independent Director2.3yrsUS$270.84kno data

2.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: FDO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.