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Macy's CEO to serve as Chairman of NRF BoD
15
Jan '10
The National Retail Federation announced Terry J. Lundgren, Chairman, President and CEO of Macy's, Inc., will serve as the Chairman of its Board of Directors, elected during NRF's 99th Annual Convention and Expo in New York City. Lundgren succeeds Myron E. Ullman, III, Chairman and CEO, J.C. Penney Company, Inc. Additionally, Stephen I. Sadove, Chairman and CEO, Saks Incorporated, was elected to serve as First Vice Chairman of NRF's Board of Directors. Sadove succeeds Phillip L. Francis, Executive Chairman, PetSmart, Inc.

Kip Tindell, Chairman and CEO of The Container Store, will serve as the Second Vice Chairman of the Board as well as Chairman of NRF's Awards and Nominations Committee. Robert M. Benham, President and CEO of Balliet's LLC, was elected as NRF's new Corporate Secretary of the Board. Roger N. Farah, President and COO, Polo Ralph Lauren Corporation, was elected to serve as Chairman of NRF's Finance Committee.

Each officer will serve a two-year term.

"Our impressive Board includes a diverse group of retailers, each of whom represents NRF's growing member base," said Tracy Mullin, NRF President and CEO. "The professionalism and experience of each board member will assure NRF's continued success well into the future.”

Other executives elected to the NRF Board to serve three-year terms include:

• Marty P. Albertson, Chairman and CEO, Guitar Center, Inc., Westlake Village, CA
• Daniel Lalonde, President and CEO, Louis Vuitton North America, Inc., New York, NY
• Laurent Milchoir, CEO, Etam Group, Clichy, France

In addition, two members join the Board of Directors as representatives of the Associate Member Advisory Council:

• John Karonis, President, Consumer Group, KSA, Princeton, NJ
• Lori Schafer, Executive Advisor, Retail Division, SAS Institute, Carey, NC

National Retail Federation


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