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Federated names new division Presidents

24 May '07
3 min read

Cosby, 48, joined Federated in July 2006 as senior vice president for property development, a position in which he oversees a range of corporate-level functions, including store design and construction, energy services, real estate and licensed operations.

Previously, Cosby served as president of full-line stores for Sears Roebuck & Co., where his responsibilities included merchandising, store operations and supply chain management. Prior to joining Sears, he was chief operating officer of KFC and chief development officer of Yum Brands, the branded restaurants company spun off from PepsiCo. He began his career as a financial analyst for General Foods Corporation.

A native of Madison, WI, Cosby holds bachelor's and MBA degrees from the University of Wisconsin. He currently lives in Cincinnati with his wife, Kathy, and two children.

Scheiner, 57, first joined Burdines (predecessor of Macy's Florida) in 1972 as assistant buyer of men's slacks. He advanced to group senior vice president and general merchandise manger, overseeing Burdines' fashion office and women's apparel and center core categories.

A native of New York, Scheiner graduated from the University of New Haven with a degree in marketing and management. Scheiner and his wife, Joan, live in Coral Gables, FL.

Gray, 68, has been president of Macy's East since December 1994. Previously, he was president of Burdines (now Macy's Florida) since June 1988. From 1985 to 1988, he was president of Los Angeles-based Bullock's (now part of Macy's West) and was also chief executive officer from 1987 to 1988.

Gray joined Federated in 1961 as an executive trainee at Foley's in Houston (now part of Macy's South). Over the next 27 years, his career at Bullock's included positions of increasing responsibility, including manager of electronic data processing, controller, vice president for finance, control and long range planning, executive vice president, and president.

Gray is a graduate of the University of Texas and currently lives in New York with his wife, Sheila.

Federated Department Stores Inc

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