Terry J. Lundgren was the Chairman and Chief Executive Officer of Macy’s, Inc. (formerly known as Federated Department Stores, Inc.) until is retirement on January 1, 2018. Prior to this, he served as President & Chief Operating Officer, a title he assumed in March 2003 after having served as President & 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.
Lundgren began his retailing career in 1975 as a trainee with Bullock’s, a Los Angeles- based division of Federated. He held positions of increasing responsibility over the next decade in buying, store management, human resources and senior-level store management, as well as serving as the division’s Director of Stores. Lundgren was named Senior Vice President and General Merchandising Manager of Bullock’s in 1984. In 1987, he was named President and CEO of Bullocks Wilshire, then an upscale chain of specialty department stores owned by Federated.
Lundgren is a native of Long Beach, CA, and a raduate 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. 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. He has been presented with many business recognition awards and has served as dinner chairman or as honoree for numerous retail industry organizations and charities, including Carnegie Hall, MoMA, BRAG, the Fresh Air Fund, American Jewish Committee, Breast Cancer Research Fund, NOW Legal Defense, Parsons School, Fashion Institute of Technology and the Ovarian Cancer Society. Lundgren currently serves on the boards of the Federal Reserve Bank of New York, The Procter & Gamble Company, Carnegie Hall and the National Retail Federation (NRF). He is a former board member of Kraft Foods Inc. and has participated in numerous charitable and civic efforts. He has served as co-chairman of the Partnership for New York City, Chairman of the National Minority Supplier Development Council, Chairman of the National Retail Federation, Chairman of the American Society of Corporate Executives, and is currently Chairman of the Economic Club of New York.
Terry J. Lundgren has two daughters and resides in New York City with his wife, Tina.