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Macy's appoints Adrian Mitchell chief financial officer

15 Oct '20
2 min read
Adrian Mitchell; Pic: Boston Consulting Group
Adrian Mitchell; Pic: Boston Consulting Group

Macy’s, a US-based premier omni-channel fashion retailer, has announced that Adrian V Mitchell has been appointed chief financial officer, to take effect November 2, 2020. Mitchell will be responsible for leading all finance functions including, accounting, treasury, investor relations, internal audit, financial/capital planning & analysis, and procurement. 
 
Mitchell will report to Jeff Gennette, chairman and chief executive officer of Macy’s.
 
“We’re delighted that Mitchell is joining Macy’s, at this crucial time in our company’s journey and look forward to welcoming him on November 2,” Gennette said in a press release. “In a retail environment where change is accelerating beyond what we could have imagined a year ago, Mitchell’s depth of financial and operational experience, coupled with his leadership in strategy, innovation, and transformation, will help us on our path to emerge a stronger company.”
 
Mitchell has extensive retail experience and a track record of success in financial, operational and strategy roles. Mitchell joins Macy’s, from Boston Consulting Group (BCG) where he is a managing director and partner in the digital BCG and consumer practices. Since joining BCG in 2017, Mitchell has led client work with a wide variety of retailers, helping them to solve their toughest challenges in an increasingly competitive and disruptive environment. Working primarily with Fortune 500 companies, his projects included organic and inorganic growth strategy, large-scale operational improvement projects and digital, data & advanced analytics efforts within retail operations across automotive, drugstore, fast food, mass and specialty retail companies.
 
Further, Macy’s reported that Felicia Williams, who has been interim chief financial officer since June 1, 2020, will be joining the CEO action for racial equity as a Macy’s fellow. She will play a key role in the CEO action commitment to identify, develop and promote scalable and sustainable policies and corporate best practices to address systemic racism and social injustice, and improve societal well-being.

Fibre2Fashion News Desk (JL)

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