Terry J. Lundgren is chairman, president and chief executive officer of Macy’s, Inc. He assumed his current titles in January 2004. Prior to this, he served as president and chief executive officer, a title he assumed in February 2003 after having served as president and chief merchandising officer since May 1997. Macy’s, Inc. is the parent company of Macy’s and Bloomingdale’s, and was known as Federated Department Stores, Inc. prior to June 1, 2007.
Mr. Lundgren began his retailing career in 1975 as a trainee with Bullock’s, a Los Angeles-based division of Federated. Mr. Lundgren was named senior vice president and general merchandising manager of Bullock’s in 1984. In 1987, he was named president and chief executive officer of Bullocks Wilshire, an upscale chain of specialty department stores owned by Federated.
Mr. Lundgren left Federated after its acquisition by the Campeau Corporation in 1988, joining Neiman Marcus in Dallas, Texas, where he served briefly as executive vice president and shortly thereafter was named chairman and chief executive officer. He returned to Federated in April of 1994 as chairman and chief executive officer of the Federated Merchandising Group. As chief executive officer, Mr. Lundgren led Federated’s acquisition of The May Department Stores Company in August 2005, again nearly doubling the size of the company.
Mr. Lundgren is a native of Long Beach, California, and a graduate of the University of Arizona where he gave the commencement address to the graduating class of 2000 and was awarded the honorary Doctor of Laws degree. Mr. Lundgren is an active supporter of The Terry J. Lundgren Center for Retailing at the University of Arizona. He was also awarded the honorary Doctor of Commercial Sciences degree from Suffolk University in 2001. Mr. Lundgren has been appointed Commissioner on Women’s Economic Development by the Mayor of New York. Mr. Lundgren currently serves on the boards of Carnegie Hall, United Way of New York City, and currently serves as co-chairman of The New York City Partnership and participates in numerous other charitable and civic efforts. He currently is chairman of the board of directors of the National Retail Federation and chairman of the National Minority Supplier Development Council. Mr. Lundgren serves on the membership committee of the Economic Club of New York and is involved with the New York City Principal for a Day Program.