SHULL LEAVING MACY'S TO REOPEN OWN FIRM

NEW YORK--Thomas Shull, executive vice president of R.H. Macy & Co., is leaving to reopen a consulting firm. His last day will be Friday, Sept. 2
An engineer of Macy's reorganization plan and the lead negotiator with creditors, Shull was responsible for business development, strategic planning, and merchandise planning. He was also responsible for the development of a five-year plan for the company.
Shull was recruited to Macy's in June 1992 by Myron Ullman, chairman and chief executive officer of R.H. Macy. The two were White House fellows in the early Eighties and worked together at Sanger Harris, a Dallas retailer.
Also leaving Macy's to join Shull's consulting firm are Eugene Rohrer and James Kenney, senior vice presidents of corporate planning.
Macy's has not named successors.
Rohrer, also involved in developing the five-year plan, was additionally responsible for new growth strategies such as TV Macy's. Rohrer insists TV Macy's is still alive. Kenney's concentration was on the reorganization plan.
Shull will reopen Meridian Ventures, a consulting firm he ran with Rohrer and Kenney prior to joining Macy's.
Rohrer said Meridian Ventures will concentrate on strategic management and venture consulting.
"A lot of the work we have lined up is in the retail field," he said. "We would like to become equity partners in certain deals. We also want to help [Federated] with growth strategies such as TV Macy's."

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