---
schema_version: "secwatch.filing_event.v1"
accession: "0000794367-24-000010"
form_type: "8-K"
ticker: "M"
cik: "0000794367"
company_name: "Macy's, Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:21:10.397224+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Macy's appoints Tony Spring as CEO effective Feb 4, 2024; Jeff Gennette retires after 40 years

## Summary
- Tony Spring, age 58, becomes CEO and Chairman-Elect on Feb 4, 2024, succeeding Jeff Gennette.
- Jeff Gennette retires as CEO after 40 years, remains Non-Executive Chairman until 2024 annual meeting.
- Spring receives $1.3M base salary, 200% target incentive, $8.5M annual equity grant, and $4M one-time equity grant.
- Gennette gets $90K board retainer, $160K cash in lieu of equity, and $200K chair retainer, pro-rated.
- Spring has 36 years at Bloomingdale's and served as President and CEO-Elect since 2023.

## SEC filing metadata
- accession: 0000794367-24-000010
- form_type: 8-K
- ticker: M
- cik: 0000794367
- company_name: Macy's, Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- 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/794367/000079436724000010/0000794367-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794367/000079436724000010/n-20240202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794367-24-000010
- JSON: https://secwatch.observer/filing/0000794367-24-000010.json
- Plain text: https://secwatch.observer/filing/0000794367-24-000010.txt

## Key facts
- Executive change
  Jeff Gennette was appointed as Non-Executive Chairman at Macy's, Inc..
  - Action: retired as Chief Executive Officer and appointed Non-Executive Chairman
  - Role: Non-Executive Chairman
  source text: Jeff Gennette, age 62, will retire as Chief Executive Officer of the Company effective February 3, 2024 after 40 years of service and will remain a member and Non-Executive Chairman of the Board through the Company’s 2024 annual meeting of shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/794367/000079436724000010/0000794367-24-000010-index.htm
- Executive change
  Tony Spring was elected as Chief Executive Officer at Macy's, Inc..
  - Action: elected
  - Role: Chief Executive Officer
  source text: elected Tony Spring, age 58, Chief Executive Officer and Chairman of the Board-Elect of the Company, effective February 4, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/794367/000079436724000010/0000794367-24-000010-index.htm

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