Macy’s Inc. has promoted Felicia Williams from senior vice president for enterprise risk and internal audit to executive vice president, controller and enterprise risk, effective June 1. Williams, who will also serve as the corporation’s chief accounting officer, will report to Karen Hoguet, chief financial officer.

Williams, a 12-year Macy’s veteran, will succeed executive vice president and controller Joel Belsky, who will retire May 31, after a 41-year career in management of corporate financial functions, including 36 years at Macy’s Inc. and its predecessor companies. Belsky, 62, has been executive vice president and controller of Macy’s Inc. since May 2009. He began his career in 1975 as an accounting supervisor at Bloomingdale’s. He worked for Gimbels, MacGregor Golf Co., Rich’s and Federated Department Stores during his career.

Williams, 50, was named senior vice president for enterprise risk and internal audit in January 2014. Williams joined Macy’s in 2004 as vice president for internal audit from Coca-Cola Hellenic Bottling Co. in Athens, Greece, where she was director of internal audit. She began her career in 1994 as a commercial paper trader and money market analyst for the Coca-Cola Co. in Atlanta and was promoted to various positions in treasury, financial control and finance. Prior to Coca-Cola, Williams worked for Bristol-Myers Squibb and Arthur Andersen & Co.

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