In each, there's some strange admixture of everyday levity and historical gravity.
The clash between Macy's board and Jana Partners persists post-proxy settlement. Jana's push for change remains strong. The recent agreement, allowing Jana to
Retail US' Macy's announces new directors and leadership changes 11 Apr '24 3 min read Pic: Adobe Stock Insights Macy's Inc. has expanded its Board with the appointments of Ric Clark, Rick Markee, and Doug Sesler, alongside Tony Spring stepping into the chairman role. These changes occur after Macy's engaged with Arkhouse, leading to a withdrawal of their director nominations. Concurrently, Macy's is assessing an acquisition proposal by Arkhouse and Brigade. Macy’s, Inc. (NYSE: M) announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the “Board”), effective immediately. The appointments of Clark and Markee follow the Board’s engagement with Arkhouse Management Co. LP (“Arkhouse”), resulting in the withdrawal of its director nominations.The Company is also implementing previously announced changes to its Board, effective immediately. Tony Spring, chief executive officer and chairman-elect of Macy’s, Inc., has assumed the chairman role. In addition, Douglas (Doug) W. Sesler, whose nomination to stand for election to the Board at the 2024 annual meeting of shareholders was announced on March 14, 2024, has been appointed as an independent director. These changes follow the planned retirements of Jeff Gennette and Frank Blake from the Macy’s, Inc. Board.“We are pleased to welcome Ric and Rick to the Board as we advance our efforts to deliver value for shareholders,” said Tony Spring, chairman and chief executive officer of Macy’s, Inc. “Ric and Rick bring leadership experience as well as valuable real estate and retail industry expertise, respectively, that is complementary to that of our other Board members. We are confident the Company will benefit from their additional perspectives in addition to those of Doug who also joins our Board today. I look forward to working with all my fellow directors as I step into the role of chairman. At the same time, I want to extend the Board’s appreciation for Jeff’s and Frank’s many valuable contributions throughout their years of service. We wish them all the best.”Macy's Inc. has expanded its Board with the appointments of Ric Clark, Rick Markee, and Doug Sesler, alongside Tony Spring stepping into the chairman role. These changes occur after Macy's engaged with Arkhouse, leading to a withdrawal of their director nominations. Concurrently, Macy's is assessing an acquisition proposal by Arkhouse and Brigade.“The Macy’s, Inc. Board is committed to acting in the best interests of all Macy’s, Inc. shareholders, and the composition of our Board is something we take seriously,” said Paul Varga, lead independent director of Macy’s, Inc. “We are thrilled to have Tony serving as chairman moving forward, which completes our previously announced company and Board leadership succession plan. Further, adding Ric and Rick, along with Doug, our other recently announced new director, to the Board will provide us with a valuable mix of expertise as we continue to oversee the Company’s strategic direction.”In connection with the Clark and Markee appointments, the Company has entered into an agreement with Arkhouse and its affiliates that provides for the withdrawal of Arkhouse’s director nominations, among other customary provisions. Clark and Markee will join the Board’s Finance Committee, which in addition to its existing responsibilities, will oversee the evaluation of and make recommendations to the full Board regarding the acquisition proposal submitted by Arkhouse and Brigade Capital Management, LP (“Brigade”). The agreement between the Company and Arkhouse will be filed on a Form 8-K with the Securities and Exchange Commission.Following today’s Board appointments and retirements, the Macy’s, Inc. Board comprises 15 directors, 14 of whom are independent.Update on Previously Disclosed Acquisition ProposalThe Macy’s, Inc. Board is continuing to engage with Arkhouse and Brigade regarding their proposal to acquire the Company. As previously disclosed, the Board entered into a confidentially agreement with Arkhouse and Brigade to facilitate their access to confidential due diligence information. The Company has since begun to provide Arkhouse and Brigade with certain confidential due diligence information, and that process remains ongoing.The Board is open-minded about the best path to create shareholder value and is committed to continuing to take actions that it believes are in the best interests of the Company and all Macy’s, Inc. shareholders. Note: The content of this press release has not been edited by Fibre2Fashion staff. Fibre2Fashion News Desk (RM) More Macys.com, Inc., News... More Retail News - United States Of America...
Macy’s named Jennifer Johnson as ready-to-wear fashion director and Pakistan's AGI Denim hired Carl Chiara as global creative director.
Men’s underwear. Macy’s Catalogue : fall-winter, 1905-1906.
Ideal for students who are looking toward a career in any aspect of the business or fashion worlds, Macy's internship program is a great way to experience first-hand the world of retail. Directed by big
Inspired by the popular children’s toy Lite-Brite, LiteZilla is a giant interactive art board and light display.
If you’re like me and won’t pay more than $20 for anything, you need these tips.
Venue | @grandladyaustin Photography | @camera_shi Videography | @cloudcraftstudios Planning + Design | @hunterorcuttevents Florist | @brooklyndesigns.co Cake | @feathers.and.frosting Bar | @drinkslingersatx HMU | @brite.beauty Dress Boutique | @lovelybride @lovelybridedallas Dress Designer | @sarahseven China Rental | @poshcouturerentals DJ | @leforcedj
Becky Hill originally rose to prominence in 2012 after appearing in the first series of The Voice UK, a singing-based reality competition talent television
Following up the first part of its 30th anniversary campaign earlier this year, Macy's INC brand has debuted new advertisements for the fall 2015 season
Add one of our food safe boards to your next party. Most are available for purchase too, but this listing is for rental boards. SERVING ONLY...This board is intended for serving only. No knives or sharp utensils should be used on this board. Pick up at our studio on Elm Street. Just make sure your date is available. The Acacia Wood Long Board, Dimensions: 27.5 x 6. Hand wash only. Mango Wood Modern Cheese Board: 16 x 9.5. Hand wash, food safe. Acacia Wood Board Round Handle: 21 x 10. Hand wash, food safe. Oval Acacia Board w Oval Handle: 25-1/2"L x 8"W. Hand wash. Food safe. Mini Suar Boards / Plates: 10-1/2"L x 6-3/4"W Oversized Farmhouse Plank Board: 40"L x 10"W x 2", 8lbs. Oversized Trivet Top Lazy Susan: 22" Round, 3.75"H, 18lbs. Oversized Acacia Entertaining Board: 53-1/2"L x 7-1/2"W Please Note: the graining varies from board to board so it may not look just like the image, maybe lighter, maybe darker. Welcome to look at them in person.
Inspired by the popular children’s toy Lite-Brite, LiteZilla is a giant interactive art board and light display.
If you’re like me and won’t pay more than $20 for anything, you need these tips.
Venue | @grandladyaustin Photography | @camera_shi Videography | @cloudcraftstudios Planning + Design | @hunterorcuttevents Florist | @brooklyndesigns.co Cake | @feathers.and.frosting Bar | @drinkslingersatx HMU | @brite.beauty Dress Boutique | @lovelybride @lovelybridedallas Dress Designer | @sarahseven China Rental | @poshcouturerentals DJ | @leforcedj
Charcuterie boards are the hot trend to any small or large party these days. In the French tradition, charcuterie (pronounced "shahr-ku-tuh-ree") is the art of preparing and assembling cured meats and meat products. This traditional "meat only" board has come a long way with various additions to create more modern types of the traditional charcuterie board.
Make this $50 Aldi charcuterie board with Aldi cheeses and pair it with Aldi wine!
Becky Hill originally rose to prominence in 2012 after appearing in the first series of The Voice UK, a singing-based reality competition talent television
Learn how to make a charcuterie board that showcases your style and amazes your guests. Pick the right board and ingredients for your budget.
