Kellogg CEO John A. Bryant Joins Macy’s, Inc. Board of Directors
March 27 2015 - 12:30PM
Business Wire
John A. Bryant, chairman, president and chief executive officer
of Kellogg Company, has been elected to the Macy’s, Inc. board of
directors.
“John Bryant is a seasoned leader who will contribute to the
depth and diversity of thinking of Macy’s board on a range of key
subjects. As the current CEO of a major global consumer products
company with significant experience in finance and operations, John
understands the dynamics of successful strategy and execution. His
insight will be invaluable as our company pursues organic growth as
well as considers new business and innovation initiatives,
including expansion into international markets,” said Terry J.
Lundgren, Macy’s, Inc. chairman and chief executive officer.
“Kellogg is a successful business with a legacy of product quality
and community involvement that helps it stay close to its customers
and energizes its organization. In that sense, Macy’s and Kellogg
share a common set of values and a strong sense of mission.”
Bryant, 49, became chairman of the board of Kellogg Company in
July 2014 after serving since January 2011 as president and chief
executive officer of the company. He has been a member of Kellogg’s
board of directors since 2010. Prior to becoming CEO, Bryant held a
variety of key senior leadership roles, including chief financial
officer, president of Kellogg North America, president of Kellogg
International and chief operating officer.
A native of Brisbane, Australia, Bryant is a graduate of the
Australian National University, and holds an MBA from the Wharton
School of the University of Pennsylvania. He lives with his family
in Kalamazoo, MI.
The addition of Bryant brings the size of Macy’s, Inc.’s board
of directors to 13 members. Of the 12 independent directors, six
are women and four are ethnic minorities.
Macy’s, Inc. (NYSE:M), with corporate offices in Cincinnati and
New York, is one of the nation’s premier retailers, with fiscal
2014 sales of $28.105 billion. The company operates about 885
stores in 45 states, the District of Columbia, Guam and Puerto Rico
under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet
and Bluemercury, as well as the macys.com, bloomingdales.com and
bluemercury.com websites. Bloomingdale’s in Dubai is operated by Al
Tayer Group LLC under a license agreement.
All statements in this press release that are not statements of
historical fact are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such
statements are based upon the current beliefs and expectations of
Macy’s management and are subject to significant risks and
uncertainties. Actual results could differ materially from those
expressed in or implied by the forward-looking statements contained
in this release because of a variety of factors, including
conditions to, or changes in the timing of, proposed transactions,
prevailing interest rates and non-recurring charges, competitive
pressures from specialty stores, general merchandise stores,
off-price and discount stores, manufacturers’ outlets, the
Internet, mail-order catalogs and television shopping and general
consumer spending levels, including the impact of the availability
and level of consumer debt, the effect of weather and other factors
identified in documents filed by the company with the Securities
and Exchange Commission.
(NOTE: Additional information on Macy’s, Inc., including past
news releases, is available at www.macysinc.com/pressroom).
Macy’s, Inc.Media - Jim Sluzewski, 513-579-7764orInvestor - Matt
Stautberg, 513-579-7780
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