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-0.00793650793650805 -0.00634920634920635 -0.00793650793650805 -0.00158730158730169 0.00634920634920635 -0.00158730158730169 0.0380952380952381 0.00238095238095233
Stock impact report

Macy's CFO Paula Price to depart in May [MSNBC.com]

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: MSNBC.com
The entrance to a Macy's department store.Jeffrey Greenberg | Universal Images Group | Getty Images It also said Price will remain an advisor to Macy's until November.Price has served as CFO since July 2018."We will continue to take all necessary actions to ensure that Macy's, Inc. emerges from this pandemic on solid footing and ready to serve our customers," CEO Jeff Gennette said in a statement. "Paula remains a critical part of our plan, and while I respect her decision, I also appreciate the long runway she is giving us for this transition."Macy's shares were last up more than 10% in premarket trading following the announcement. The stock has fallen more than 60% this year.Macy's, which has a market cap of about $1.7 billion, was recently dropped from the S&P 500, and replaced byCarrier GlobalIn order to cope with the coronavirus pandemic, Macy's hasfurloughedVIDEO7:3307:33Coronavirus 'is an existential threat to retail,' says former Saks CEOSquawk Box Show less Read more
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