Federated shuffles division presidents, Gray retiring
May 24, 2007-- Home Textiles Today,
Cincinnati– Federated Department Stores has named new presidents for its Macy’s East and Macy’sFloridadivisions.
Macy’s East president James Gray is retiring after a 46-year career, the company said. Mark Cosby, senior vp for property development, has been named president of coo of Macy’s East, effective June 4. Cosby will join Ron Klein, chairman and ceo, as the principal team at Macy’s East.
David Scheiner has been named president and coo of Macy’s Florida . Previously, he was vice chairman and director of stores of that division. He replaces Nirmal “Trip” Tripathy, former president of Macy’s Florida , who has left the company to pursue other opportunities. Scheiner will work with Julie Greiner, chairman and ceo, as a principal in the division.
Cosby joined Federated in July 2006 as senior vice president for property development. Previously, Cosby served as president of full-line stores for Sears Roebuck & Co., where his responsibilities included merchandising, store operations and supply chain management. Prior to joining Sears, he was chief operating officer of KFC and chief development officer of Yum Brands, the branded restaurants company spun off from PepsiCo. He began his career as a financial analyst for General Foods Corporation.
Scheiner first joined Burdines (predecessor of Macy's Florida ) in 1972 as assistant buyer of men's slacks. He advanced to group senior vice president and gmm, overseeing Burdines' fashion office and women's apparel and center core categories. In 1988, Scheiner became president of Maas Brothers/Jordan Marsh until the merger of the Burdines and Mass Brothers/Jordan Marsh in October 1991, when he became vice chairman and director of stores for the combined organization.
Gray has been president of Macy's East since December 1994. Previously, he was president of Burdines (now Macy's Florida ) since June 1988. From 1985 to 1988, he was president of Los Angeles-based Bullock's (now part of Macy's West) and was also ceo from 1987 to 1988.
Gray joined Federated in 1961 as an executive trainee at Foley's in Houston (now part of Macy's South). Over the next 27 years, his career at included positions of increasing responsibility, including manager of electronic data processing, controller, vice president for finance, control and long range planning, executive vice president, and president.
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