What Does Macy’s New CEO Jeffrey Gennette Has To Say About The Company? Secretive Married Life With Husband And Daughter!

0

Hard work surely pays off. Look like Jeffrey Gennette’s hard work paid off in the end which led him in achieving the position of CEO. Gennette is a successful person in terms of business but what about his married life, family and daughter.

If you are interested in the path which Jeffrey took to reach where he is standing now then you are at the right place. Let’s take a look in his personal life.

Jeffrey discusses about the direction of the company!

Jeffrey Gennette also known as Jeff replaces the previous CEO (Chief Executive Officer) of Macy’s Inc., the iconic Cincinnati-based department store, Terry Lundgren. He was elected as CEO on March 23, 2017 Thursday. Previously he was the president of Macy’s Inc. from March 31, 2014 until September 8, 2017.

Jeff Gennette and Terry Lundgren
Caption: Shake-up at Macy’s: Jeff Gennette(right) to become CEO, Terry Lundgren(left) to step down

Photo credit: usatoday.com

 

During an interview with CNBC’s Courtney Reagan, he was asked if he was pulling the right levers.He answered;

YOU KNOW WHAT? HOW WE’RE APPROACHING GROWTH IS BUSINESS BY BUSINESS, STORE BY STORE. WE’RE IN ONE OF THOSE STORES RIGHT HERE IN WOODBRIDGE. YOU MENTIONED WOMEN’S SHOES, YOU MENTIONED FINE JEWELRY. WE HAVE OUR BIG TICKET BUSINESS, WE HAVE OUR FRAGRANCE BUSINESS.

he also added;

WE ARE WINNING IN CERTAIN BUSINESSES, WE’RE WINNING IN CERTAIN STORES. WE JUST HAVE TO PUT MORE OF THEM ON THE BOARD. YOU KNOW, WE HAD A SOLID SECOND QUARTER. WE HAVE A BIG HALF AHEAD OF US THAT WE HAVE TO SHOW RESULTS.

Former CEO Terry Lundgren said,

“Jeff Gennette is an extraordinary leader who has distinguished himself as a skilled merchant and retail operator.”

He also announced,

“He has worked closely with me over the past two years as president of Macy’s, Inc. in a first step in this succession process, and we are closely aligned on creating a compelling and sustainable path forward.”

Now talking about Jeff Gennette married life and family, Macy’s CEO Jeff has not been vocal about his personal life and has not reveled any details regarding his married life. But if sources are to be believed Macy’s CEO Jeff Gennette lives with his husband and daughter in New York City.

Jeff Gennette Short Wiki

Jeff Gennette graduated from Stanford University. He has 34 years of experience as Macy’s veteran. He joined Macy’s West in the year 1983 as an Executive trainee securing leadership roles and positions of increasing responsibility.  He has served as director of stores for Broadway stores and as a store manager for FAQ Schwarz.

Jeff’s tenancy included five years as chief merchandising officer, more than three years as regional CEO and three years as company president. He also served as the chairman of Seattle-based Macy’s North West and executive vice president of stores at Macy’s Central in Atlanta.

LEAVE A REPLY

Please enter your comment!
Please enter your name here