New Macy's CEO grabs reins amid slowing sales growth, takeover threats

Macy’s CEO Tony Spring will officially grab the reins on Sunday as the storied retailer faces slowing sales growth and takeover threats.Spring, 58, who has climbed the ladder at high-end sister company Bloomingdales, has been Macy’s CEO-elect since last March — when Jeff Gennette announced plans to retire.“I am excited to take on the role of CEO of Macy’s, Inc. and to apply my over three decades of experience with our nameplates to build on this strong foundation and lead our company forward,” Spring said ...