CINCINNATI — Tom Cole has been named chairman of Federated Department Stores’ financial, administrative and credit services unit, called FACS. He continues as chairman of Federated logistics and operations and Federated’s systems group, and reports to Terry Lundgren, president and chief operating officer.

The move is effective Sept. 1, when Amy Hanson, president of FACS, and the top person on-site at FACS headquarters in suburban Cincinnati, will become responsible for all FACS operations except financial services. She reports to Cole, who is based at Federated offices in New York.

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