Macy’s, Inc. Names Tracy Preston Chief Legal Officer

Rhea-AI Summary

Macy’s, Inc. (NYSE:M) appoints Tracy Preston as chief legal officer and corporate secretary, effective January 8, 2024. Tracy will report to Tony Spring, president and CEO-elect, Macy’s, Inc. She brings over three decades of experience in legal and compliance, having previously held similar roles at HanesBrands Inc. and Neiman Marcus Group. Tracy's responsibilities will include legal affairs, litigation, compliance, employment, real estate, credit, and regulatory matters, among others. She will also act as a legal advisor to the senior leadership and the board of directors. Tracy's expertise in aligning legal and risk mitigation approaches with business objectives and brand missions makes her a valuable addition to the Macy’s leadership team.

NEW YORK--(BUSINESS WIRE)-- Macy’s, Inc. (NYSE:M) today announced that Tracy Preston has been named chief legal officer and corporate secretary of Macy’s, Inc., effective January 8, 2024, and will report to Tony Spring, president and CEO-elect, Macy’s, Inc.

Macy’s, Inc. Names Tracy Preston Chief Legal Officer (Photo: Business Wire)

As chief legal officer, Tracy will be responsible for a broad range of legal affairs, litigation and compliance for Macy’s, Inc., including employment, real estate, credit, commercial and regulatory matters, enterprise security and internal audit. Additionally, Tracy will act as legal advisor to senior leadership and the board of directors in her role as corporate secretary.

“Tracy is a trusted legal and compliance expert, and I’m delighted to welcome her to our leadership team. For the past three decades, she has counseled global apparel and retail companies on strategic, business, operational and tactical matters, ensuring her experience will be an asset. Importantly, she brings a track record of aligning legal and risk mitigation approaches with business objectives and brand missions,” said Tony.

Prior to joining Macy’s, Inc., Tracy served as chief compliance officer, chief legal officer and corporate secretary of HanesBrands Inc. Before that, she held the same titles at Neiman Marcus Group. Earlier in her career, she held several key legal positions at Levi Strauss & Co. Before transitioning in-house, she was a partner at Orrick and worked at other law firms such as Latham & Watkins; Sedgwick, Detert, Moran & Arnold; and Baker & McKenzie.

Tracy holds a B.A. in International Relations from Georgetown University and a J.D. from the University of Virginia.

About Macy’s, Inc.

At Macy’s, Inc. (NYSE: M), we are a trusted source for quality brands at great values from off-price to luxury. Across our iconic nameplates, including Macy’s, Bloomingdale’s and Bluemercury, we help our customers express their unique style and celebrate special moments, big and small. Headquartered in New York City, we operate one of retail’s largest e-commerce businesses integrated with a nationwide footprint to deliver the most convenient and seamless shopping experience. Our purpose is to create a brighter future with bold representation – so we can realize the full potential of every one of us. For more information, visit macysinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231205213749/en/

Macy’s, Inc. Media – Chris Grams

communications@macys.com

Investors – Pamela Quintiliano

investors@macys.com

Source: Macy’s, Inc.

FAQ

Who has been appointed as the chief legal officer and corporate secretary of Macy’s, Inc.?

Tracy Preston has been appointed as the chief legal officer and corporate secretary of Macy’s, Inc.

When will Tracy Preston assume her role at Macy’s, Inc.?

Tracy Preston will assume her role at Macy’s, Inc. effective January 8, 2024.

What are Tracy Preston's responsibilities in her new role at Macy’s, Inc.?

Tracy Preston will be responsible for a broad range of legal affairs, litigation, and compliance for Macy’s, Inc., including employment, real estate, credit, commercial and regulatory matters, enterprise security, and internal audit. Additionally, she will act as a legal advisor to senior leadership and the board of directors.

What is Tracy Preston's professional background?

Tracy Preston has over three decades of experience in legal and compliance, having previously held similar roles at HanesBrands Inc. and Neiman Marcus Group. She also held key legal positions at Levi Strauss & Co. and worked at several law firms before transitioning in-house.

What are Tracy Preston's educational qualifications?

Tracy Preston holds a B.A. in International Relations from Georgetown University and a J.D. from the University of Virginia.