Paul Proietto, a veteran of Macy’s for decades who last held the title of executive vice president of merchandise execution, has retired from the company.
Macy’s confirmed that Proietto’s last day at the store was Friday.
Proietto earlier in his career held the title of senior vice president of stores at Macy’s. Prior to Macy’s, he worked at former Hecht’s division of May Department Stores which was taken over by Macy’s in 2005.
It could not be learned whether Proietto was part of Macy’s executive buyout program launched last year, enabling employees at least 55 years old with enough years at the company that their tenure and age add up to at least 70 to get a buyout package. Macy’s previously called the buyouts “voluntary separation opportunities to certain senior executives in central stores, office and support functions to reduce ongoing expense and streamline management.”
Last month, Martine Reardon, the chief marketing officer, left Macy’s, but was not part of the buyout. The company is seeking a successor.