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Stock impact report

Macy’s, Inc. Announces Transition of Bluemercury Founders Marla and Barry Beck

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Business Wire
Transition plan underwayCEO Marla Beck to continue with Bluemercury in the interim CINCINNATI--(BUSINESS WIRE)--Macy’s, Inc. (NYSE: M) today announced that Marla and Barry Beck, founders of Bluemercury, Inc. and creators of M-61 Skincare and Lune+Aster Cosmetics, will transition from the company. Barry Beck, Bluemercury’s chief operating officer, will step down effective September 20, 2019, to pursue a new entrepreneurial venture. Marla Beck, Bluemercury’s chief executive officer, will stay with Bluemercury and continue to lead the business during a transition period.“Bluemercury has experienced robust growth since becoming a part of Macy’s, Inc. in 2015, in large part due to the vision and leadership of Marla and Barry Beck. Beauty is one of Macy’s six Destination Businesses, and we will continue to leverage Bluemercury’s successful formula to learn from and drive growth,” said Jeff Gennette, chairman and chief executive officer of Macy’s, Inc. “On behalf of the entire Macy’s team Show less Read more
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