PICKELL TO GET HELM OF THE BON
CINCINNATI — Ira Pickell, president of the Bon Marche division of Federated Department Stores Inc., has been promoted to chairman and chief executive officer, succeeding Thomas P. Harville, 56, who is retiring.
Succeeding the 50-year-old Pickell as president is Daniel H. Edelman, 48, who has been vice chairman of finance and operations for Federated’s Macy’s West division since 1991.
The personnel changes are effective March 10.
Edelman’s move raises speculation Federated could one day convert the Bon to Macy’s. Other divisions, including Abraham & Straus, Bullock’s and Jordan Marsh, have been converted, but Federated officials have consistently denied there are any such plans for the Bon.