CINCINNATI — Lawrence E. Honig, a former vice chairman of May Department Stores Co., has been named president and chief executive officer of Federated Systems Group.
Formerly known as the SABRE Group, Federated Systems is the Atlanta-based central data processing division of Federated Department Stores.
Honig, 45, succeeds Glen Griffith, 59, who is retiring. The moves are effective March 1. Griffith was with the company since 1974 and was chairman and ceo of SABRE since its inception in 1985.
Honig was with May Co. from 1982 to 1992. He was executive vice president for strategic planning and human resources before becoming vice chairman in 1986.
Prior to joining May Co., from 1975 to 1982, Honig was a principal with McKinsey & Co., a strategic planning firm.
Honig will be responsible for division management, strategic planning and for the fulfillment of contracts to provide data processing and inventory control for retail clients. R.H. Macy & Co. is one of those clients.
He will report to James E. Gray, who is president of the company’s Burdine’s division, and who also oversees the operations of FSG.