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Federated Names Division Presidents

Mark S. Cosby, senior vice-president for property development for Federated Department Stores, Inc., will become president and COO of Macy’s East on June 4

CINCINNATI —Mark S. Cosby, senior vice-president for property development for Federated Department Stores, Inc., will become president and COO of Macy’s East on June 4. He will succeed James E. Gray, who is retiring after 46 years with the company. Ron Klein continues as chairman and CEO of the New York-based division.

In addition, J. David Scheiner, previously vice-chairman and director of stores at Macy’s Florida, has been named president and COO of that division. He replaces Nirmal K. “Trip” Tripathy, who has left the company to pursue another opportunity, Federated said. Julie Greiner, continues as chairman and CEO of the Miami-based division.

Cosby, 48, joined Federated in July 2006 as senior vice-president for property development, a position in which he oversees a range of corporate-level functions, including store design and construction, energy services, real estate and licensed operations. Before that, he was president of full-line stores for Sears Roebuck & Co.

Scheiner, 57, first joined Burdines (the predecessor of Macy’s Florida) in 1972 as assistant buyer of men’s slacks. He advanced to group senior vice-president and GMM, overseeing Burdines’ fashion office and women’s apparel and center core categories. In 1988, Scheiner became president of Maas Brothers/Jordan Marsh until the merger of the Burdines and Mass Brothers/Jordan Marsh in October 1991, when he became vice-chairman and director of stores for the combined organization.