Federated's Lundgren succeeds Zimmerman
December 12, 2003,
Cincinnati — Terry Lundgren, currently president and ceo of Federated Department Stores, will add the title of chairman come Jan. 15th, succeeding James Zimmerman, who is retiring.
At a meeting earlier today, Lundgren was elected by Federated’s board to directors to become the company's seventh chairman/ceo. The company's five chairs — Thomas Cody, Tom Cole, Janet Grove, Susan Kronick and Ronald Tysoe — will continue to report to Lundgren, as they have since February.