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 MX$93.20M. The average tenure of the management team and the board of directors is 3.1 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 | 3.1yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 02 2024 | n/a | n/a | US$172m |
| 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$682m |
| 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 MX market ($USD1.28M).
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$5.78m | 0.096% MX$ 93.2m | |
| Executive VP | 4.2yrs | US$7.89m | 0.040% MX$ 38.7m | |
| Chief Legal Officer & Corporate Secretary | less than a year | US$1.53m | no data | |
| Executive VP | 7.3yrs | US$3.12m | 0.13% MX$ 121.4m | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | 2.3yrs | no data | no data | |
| Chief Marketing Officer | 1.1yrs | no data | no data | |
| Chief Executive Officer of Action for Racial Equity | 4.2yrs | US$1.65m | no data | |
| Senior VP & Regional Director of Chicago | 16.7yrs | 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 | 3.8yrs | no data | no data |
3.1yrs
Average Tenure
58yo
Average Age
Experienced Management: M *'s management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.8yrs | US$5.78m | 0.096% MX$ 93.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 27.7yrs | US$273.68k | no data | |
| Lead Independent Director | 12.8yrs | US$301.35k | 0.015% MX$ 14.1m | |
| Independent Director | 5.1yrs | US$271.11k | no data | |
| Independent Director | 17yrs | US$289.61k | 0.0039% MX$ 3.8m | |
| Independent Director | 2.8yrs | US$282.89k | no data | |
| Independent Director | 2.8yrs | US$291.28k | no data | |
| Independent Director | 1.8yrs | US$260.83k | no data | |
| Independent Director | less than a year | no data | 0.011% MX$ 10.9m | |
| Independent Director | 3.3yrs | US$270.69k | no data | |
| Independent Director | 2.4yrs | US$270.84k | no data |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Board: M *'s board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 13:07 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Macy's, Inc. is covered by 40 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Daniela Nedialkova | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |