Macy's CEO Gennette to retire in 2024, Tony Spring to succeed

Macy's said its CEO Jeff Gennette will retire in February 2024 and will be succeeded by Tony Spring. Gennette, 61, has headed the company since 2017, while Spring is the Chairman and CEO of Macy's unit Bloomingdale's. As part of the leadership transition, Chief Financial Officer Adrian Mitchell's responsibilities have been expanded to include the role of Chief Operating Officer.