Former Macy’s CEO Finkelstein dies

New York – Edward H. Finkelstein, former chairman and CEO of the company now known as Macy’s Inc., died of natural causes at his home in Thousand Oaks, California, on May 31. He was 89.



Finkelstein led Macy’s in the 1970s and 1980s and launched concepts including the Aeropostale apparel chain, which was later sold off, as well as several private brands. Finkelstein left the company in 1992 after 44 years, following a bankruptcy filing.



"Ed Finkelstein was an innovator who shall be remembered for his many important contributions in building the Macy's brand over the decades,” said Terry Lundgren, Chairman and CEO of Macy's Inc., in a statement. “His career was remarkable. The Macy's Inc. team extends our heartfelt sympathies to the Finkelstein family.”