MACY’S APPOINTS ROBERT CHAVEZ TO BOARD OF DIRECTORS

Macy’s has announced the appointment of a new independent director, Robert Chavez, to its Board of Directors, effective April 1, 2025.

Chavez has spent the entirety of his more than 45-year career in the retail industry, with a focus on luxury. He most recently served for 24 years as President and Chief Executive Officer of Hermès Americas, a division of Hermès International Société, where he oversaw operations in the U.S., Canada and Latin America, growing the e-commerce business, expanding product offerings and adding new stores to the brand’s portfolio. Previously, he served for eight years as the Chief Executive Officer of Etienne Aigner Group, a Munich-based luxury fashion house, where he gained experience across manufacturing, wholesale and global retail. Chavez began his retail career in the Bloomingdale’s Executive Development program and later moved to Macy’s as a Divisional Merchandising manager.

“Bob will bring significant additional retail industry and leadership experience to our Board as we further our efforts to capture market share across our three nameplates,” said Tony Spring, Chairman and Chief Executive Officer of Macy’s, Inc. “We look forward to benefitting from Bob’s insights as we continue to execute our Bold New Chapter initiatives and work toward delivering sustainable, profitable growth and enhanced shareholder value.”

“I am honored to join the Macy’s, Inc. Board and serve as a director at the Company where I started my career and in the industry which I am most passionate about,” Chavez said. “I look forward to collaborating with my fellow directors to capture the growth opportunities across the Macy’s, Bloomingdale’s and Bluemercury businesses for the benefit of all Macy’s, Inc.’s stakeholders.”

Paul Varga, Macy’s, Inc. lead independent director says the company is “pleased to welcome Bob to the Board as part of our commitment to ongoing director refreshment. His decades of luxury retail and leadership experience will complement the skills and expertise of our other valued directors.”