Department store giant in search for new CFO
A respected Macy’s veteran is stepping down from her post.
Macy’s announced that Karen Hoguet, CFO since 1997, has decided to retire in February 2019, at the completion of the company’s fiscal year. An external search is underway for her replacement.
“Karen Hoguet is one of retail’s most respected executives and is an outstanding CFO,” said Jeff Gennette, Macy’s chairman and CEO. “For the past three decades, Karen has had a voice in almost every major decision at Macy’s and its predecessor Federated Department Stores. She knows our business inside and out and, through good times and bad, Karen has been a steady and strategic hand in the CFO’s seat.”
Hoguet will continue in her role as CFO until her successor is appointed. She will then remain in an advisory role to support the company during a transition period until February 2, 2019.
Hoguet began her career at Federated Department Stores in 1982 and was appointed to the role of CFO in 1997.
Macy’s announced that Karen Hoguet, CFO since 1997, has decided to retire in February 2019, at the completion of the company’s fiscal year. An external search is underway for her replacement.
“Karen Hoguet is one of retail’s most respected executives and is an outstanding CFO,” said Jeff Gennette, Macy’s chairman and CEO. “For the past three decades, Karen has had a voice in almost every major decision at Macy’s and its predecessor Federated Department Stores. She knows our business inside and out and, through good times and bad, Karen has been a steady and strategic hand in the CFO’s seat.”
Hoguet will continue in her role as CFO until her successor is appointed. She will then remain in an advisory role to support the company during a transition period until February 2, 2019.
Hoguet began her career at Federated Department Stores in 1982 and was appointed to the role of CFO in 1997.