Macy’s CEO retires, Spring is successor

Macy’s said Chairman and CEO Jeff Gennette plans to retire and will be succeeded by Bloomingdale’s Chairman and CEO Tony Spring in February.

Gennette, 61, has served as Macy’s CEO since March 2017 and became chairman in February 2018. Spring, 58, will become president and CEOElect of Macy’s, effective immediately, according to a regulatory filing on Wednesday.

He’s served as an executive vice president at Macy’s since 2021.