NEW YORK — Burnett Donoho, vice chairman and chief operating officer of Macy’s East, said Friday he will leave the company when the merger of Macy’s into Federated Department Stores becomes effective. That is expected to happen in December.
Federated plans to name Donoho’s successor today. “I expect to announce my future plans shortly,” Donoho said Friday in a statement. He could not be reached for further comment.
Previously, Federated had said the 55-year-old Donoho would continue as vice chairman when Macy’s East consolidates with Federated’s Abraham & Straus division.
“After careful consideration, I have concluded this is an appropriate time to explore new challenges,” Donoho said in his statement.
Prior to joining Macy’s in 1992, Donoho was a member of the retail consulting practice at Ernst & Young in Chicago. From 1984 to 1988, he was president and chief operating officer of Marshall Field’s.