The entrance to a Macy’s department store.
Jeffrey Greenberg | Universal Images Group | Getty Images
Macy’s said Tuesday that Chief Financial Officer Paula Price will be leaving the company, effective May 31.
An external search is underway for Price’s replacement.
“We will continue to take all necessary actions to ensure that Macy’s, Inc. emerges from this pandemic on solid footing and ready to serve our customers,” CEO Jeff Gennette said in a statement. “Paula remains a critical part of our plan, and while I respect her decision, I also appreciate the long runway she is giving us for this transition.”
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