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Stock impact report

Macy's CFO Paula Price to Leave Company After S&P 500 Exit [TheStreet.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: TheStreet.com
Macy's Inc.(Get ReportPrice, who was hired in July of 2018, will leave the company on May 31, but will continue to advise the struggling retailer until the end of November, Macy's said. A search for her replacement is currently underway, the company added.“I want to thank Paula for her leadership and contribution to Macy’s, Inc. She has built a strong finance leadership team, and we are fortunate to have a very deep bench to draw on to ensure a smooth transition,” said CEO Jeff Gennette. “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.""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,” he added.Macy's shares were marked 11.9% higher in pre-market trading Tuesday to indicate an opening bell price of $6.30 each.The stock hit an all-time low of $4.38 on April 1 after it was dumped from Show less Read more
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