Terry J. Lundgren may be stepping down today as Macy’s Inc.’s chief executive officer after a 14-year run, but he isn’t exactly going anywhere.
Among the nation’s highest-profile retail leaders and a figurehead for the industry, Lundgren is handing the ceo job to Jeff Gennette and takes on the newly created role of executive chairman, a position he describes as a full-time job “intended to be a transitional post for me to assist and advise Jeff in his new role. That’s my primary role, but additionally, I have direct responsibility for our international businesses and I am going to directly supervise all of the real estate activities for the company.”
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)