Steve & Barry’s Names Former Macy’s Exec as CEO
Port Washington, N.Y. Harold “Hal” Kahn has joined Steve & Barry’s as CEO, effective immediately. Kahn spent 10 years as chairman and CEO of Macy’s East until he left in 2004 to launch a retail consulting business. During his career, he was also CEO of Abraham & Straus, president of Montgomery Ward, and CEO of Macy’s South and Macy’s West.
Investment fund Bay Harbour Management and York Capital Management purchased Steve & Barry’s out of bankruptcy this summer. The two firms expect the appointment to help the company meet profitability goals and fuel future growth.