Tony Spring, Macy's new CEO.
Nearly a year after announcing its leadership succession plan, Tony Spring is taking the top spot at Macy’s as the department store’s new chief executive officer.
Spring, shifts to Macy’s after 36 years at Bloomingdale’s where he most recently served as its chairman and CEO. He’s filling the role being vacated by Jeff Gennette, who is retiring after a 40 year career with the company. Gennette will continue as chair of the board until the company’s 2024 annual meeting, with Spring becoming board chair as of the annual meeting.
“Tony is the ideal CEO to build on our momentum and lead Macy’s, Inc. into the future,” Gennette said. “He has only added to his many contributions in advancing the company’s strategies over the past year as president and CEO-elect, after having delivered strong results during his tenure leading Bloomingdale’s and overseeing Bluemercury.”
As a member of the Macy’s, Inc. executive leadership team, Spring has been instrumental in the company’s transformation. He served for the past year as president and chief executive officer-elect, leading Macy’s, Inc.’s digital, customer, merchandising, and brand teams, and also overseeing Bloomingdale’s and Bluemercury.
“I am excited to take on the role of CEO of Macy’s, Inc. and to apply my over three decades of experience with our nameplates to build on this strong foundation and lead our company forward,” Spring said. “Alongside the Macy’s, Inc. leadership team, we will remain focused on driving innovation, fostering profitable sales growth and delivering value for our shareholders, while strengthening our position as our customers’ trusted source for quality brands.”