Macy’s, Inc. announced the appointment of Marie Chandoha, former president and chief executive officer of Charles Schwab Investment Management, and Jill Granoff, managing partner of Eurazeo and chief executive officer of Eurazeo’s Brands division, to its board of directors, effective April 1, 2022.
- Chandoha brings more than 35 years in financial services and investment management to the position. Most recently, she led Charles Schwab Investment Management’s product and digital transformation, building on its organization and doubling the company’s assets under management. Earlier in her career, Chandoha served in executive roles at global financial institutions, including BlackRock, Barclays, Wells Fargo, Goldman Sachs, and Credit Suisse.
- Granoff brings 30 years of leadership experience to her role in building and growing consumer-driven companies with expertise as a strategist and brand builder in the retail, beauty and fashion industries. In her roles at Eurazeo, she is responsible for leading investment activities and overseeing the performance of its Brand’s global portfolio. Granoff has also served in executive roles across retail, including at Vince, Kenneth Cole, Liz Claiborne, Victoria’s Secret, and Estée Lauder.
“Both Marie and Jill are highly respected future-oriented leaders with proven track records as operators and innovators who bring strong and relevant expertise to reinforce the ongoing execution of our Polaris growth strategy. Marie’s deep financial services and capital markets experience and Jill’s unique ability to recognize and position companies to meet evolving consumer needs will enable them to immediately add value to our board,” said Jeff Gennette, chairman and chief executive officer, Macy’s, Inc. “We look forward to their insights and expertise as Macy’s, Inc. continues to deliver a differentiated shopping experience for our customers and drive growth and value for shareholders.”
Paul Varga, Macy’s, Inc. lead independent director, said: “Our ongoing effort to enhance the expertise and diversity of our board is a key pillar of our board’s commitment to support the company’s long-term strategic plan and drive sustainable and profitable growth. Marie and Jill’s appointments underscore this commitment, and we are thrilled to welcome them to the Macy’s, Inc. board.”
With the addition of Chandoha and Granoff, the Macy’s, Inc. board is comprised of 14 members.