Macy's searching for a new CEO for Bluemercury [MarketWatch]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: MarketWatch
Macy's searching for a new CEO for Bluemercury Macy's Inc. M, -3.39% says it is looking both internally and externally for a new chief executive for its beauty chain Bluemercury. Barry Beck, one of Bluemercury's founders and its chief operating officer, will leave the company on September 20 for an entrepreneurial venture, according to a Macy's statement. Co-founder Marla Beck, Bluemercury's CEO, will stay on through a transition period. Bluemercury, which was founded 20 years ago, became part of Macy's in 2015. Macy's stock has tumbled more than 50% over the last year while the S&P 500 index SPX, -0.09% has gained 3.8% for the period.
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