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New Executive Roles at Macy's

Gray Retires, MacDonald Resigns

Peter Sachse, chairman and ceo of macys.com, has assumed an additional role as Macy's Inc. chief marketing officer and president of Macy's Corporate Marketing (MCM); in his new role, he replaces Anne MacDonald.

Sachse was the company's first cmo in June 2003, when he became president of the newly created MCM. He left the role when being named chairman of macys.com in 2006.

"By combining the leadership of our marketing and online functions under Peter Sachse, we will be able to more effectively leverage the company's fast-growing online presence as we continue to build Macy's as a national brand," said Terry Lundgren, Federated chairman, president and ceo.

Kent Anderson, president of macys.com, and Helaine Suval, evp for merchandising at macys.com, will continue to report to Sachse and work in close partnership with him on building the online business.

The company also named new presidents for its Macy's East and Macy's Florida units.

Macy's East president James Gray is retiring after a 46-year career. Mark Cosby, senior vp for property development, has been named president and coo of Macy's East. Cosby will join Ron Klein, chairman and ceo, as the principal team at Macy's East.

Cosby joined Federated (now Macy's Inc.) in July 2006 as svp for property development. Previously, he served as president of full-line stores for Sears Roebuck & Co., where his responsibilities included merchandising, store operations, and supply chain management.

David Scheiner has been named president and coo of Macy's Florida; he was previously vice chairman and director of stores of that division. He replaces divisional president Nirmal Tripathy, who has left the company. Scheiner will work alongside Julie Greiner, chairman and ceo, Macy's Florida.

Scheiner first joined Burdines (predecessor of Macy's Florida) in 1972 as assistant buyer of men's slacks. In 1988, he became president of Maas Brothers/Jordan Marsh; upon the merger of the Burdines and Mass Brothers/Jordan Marsh in 1991 he became vice chairman and director of stores for the new organization.

Gray had been president of Macy's East since 1994. 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).

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