---
schema_version: "secwatch.filing_event.v1"
accession: "0000794367-23-000030"
form_type: "8-K"
ticker: "M"
cik: "0000794367"
company_name: "Macy's, Inc."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T11:28:41.657850+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Macy's CEO Jeff Gennette to retire Feb 2024; Tony Spring named president and CEO-elect

## Summary
- Jeff Gennette (61) plans to retire in February 2024 after 40 years with Macy's.
- Tony Spring (58) appointed President and CEO-elect immediately; will become CEO in Feb 2024.
- Spring's compensation: $1M base salary, 135% target bonus, $4M annual equity (50% RSU, 50% PSU).
- Adrian Mitchell's role expanded to COO and CFO; $950K base, $3.3M annual equity, $3M one-time RSU.
- Board increased to 16 members effective April 1, 2023; Spring joins board.

## SEC filing metadata
- accession: 0000794367-23-000030
- form_type: 8-K
- ticker: M
- cik: 0000794367
- company_name: Macy's, Inc.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794367/000079436723000030/0000794367-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794367/000079436723000030/n-20230329.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794367-23-000030
- JSON: https://secwatch.observer/filing/0000794367-23-000030.json
- Plain text: https://secwatch.observer/filing/0000794367-23-000030.txt

## Key facts
- Executive change
  Adrian V. Mitchell was appointed as Chief Operating Officer and Chief Financial Officer at Macy's, Inc..
  - Action: appointed
  - Role: Chief Operating Officer and Chief Financial Officer
  source text: Adrian V. Mitchell, age 49, Chief Financial Officer of the Company, has been appointed Chief Operating Officer and Chief Financial Officer of the Company with an increased scope of responsibilities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/794367/000079436723000030/0000794367-23-000030-index.htm
- Executive change
  Jeff Gennette departed as Chairman and Chief Executive Officer at Macy's, Inc..
  - Action: retire
  - Role: Chairman and Chief Executive Officer
  source text: Jeff Gennette, age 61, Chairman and Chief Executive Officer of the Company, plans to retire at the end of fiscal 2023 after 40 years of service.
  evidence_url: https://www.sec.gov/Archives/edgar/data/794367/000079436723000030/0000794367-23-000030-index.htm
- Executive change
  Tony Spring was appointed as President and CEO-Elect at Macy's, Inc..
  - Action: appointed
  - Role: President and CEO-Elect
  source text: Tony Spring, age 58, Executive Vice President Macy’s and Chairman and Chief Executive Officer Bloomingdale’s, has been appointed President and CEO-Elect of the Company, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/794367/000079436723000030/0000794367-23-000030-index.htm
- Executive change
  Tony Spring was appointed as Member of the Board of Directors at Macy's, Inc..
  - Action: appointed
  - Role: Member of the Board of Directors
  source text: a member of the Company’s Board of Directors, effective April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/794367/000079436723000030/0000794367-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.