Jeffrey  Gennette net worth and biography

Jeffrey Gennette Biography and Net Worth

CEO of Macy's
Jeff Gennette was elected chief executive officer of Macy's, Inc. in March 2017 and assumed the role of chairman in February 2018. Gennette previously held the role of president of Macy's, Inc. from 2014 through August 2017. Prior to that, he was the chief merchandising officer of Macy's, Inc., a position to which he was appointed in February 2009.

Gennette began his retail career in 1983 as an executive trainee at Macy's West in San Francisco. He held positions of increasing responsibility, including vice president and division merchandise manager for men's collections, and senior vice president and general merchandise manager for men's and children's. In 2004, Gennette was appointed executive vice president and director of stores at Macy's Central in Atlanta. During his career, he also served as a store manager for FAO Schwarz and director of stores for Broadway Stores, Inc. From February 2006 to February 2008, Gennette served as chairman and chief executive officer of Seattle-based Macy's Northwest. Gennette returned to San Francisco from February 2008 to February 2009 as chairman and CEO of Macy's West.

Gennette was appointed to the Partnership For New York City Board & Executive Committee in December 2016.

In January 2018, Gennette joined the National Retail Federation Board of Directors and Executive Committee. Subsequently, in January 2019, Gennette was appointed Chairman of the NRF Foundation Board of Directors, and in June 2019 joined the NRF Finance Committee.

As of July 2020, Gennette also serves on the CEO Action for Diversity & Inclusion Task Force and the Governing Committee for Racial Equity.

Gennette, a native of San Diego, is a graduate of Stanford University.

What is Jeffrey Gennette's net worth?

The estimated net worth of Jeffrey Gennette is at least $17.51 million as of April 1st, 2024. Mr. Gennette owns 1,073,699 shares of Macy's stock worth more than $17,512,031 as of December 23rd. This net worth estimate does not reflect any other assets that Mr. Gennette may own. Learn More about Jeffrey Gennette's net worth.

How do I contact Jeffrey Gennette?

The corporate mailing address for Mr. Gennette and other Macy's executives is 151 WEST 34TH STREET, NEW YORK NY, 10001. Macy's can also be reached via phone at (212) 494-1621 and via email at [email protected]. Learn More on Jeffrey Gennette's contact information.

Has Jeffrey Gennette been buying or selling shares of Macy's?

Jeffrey Gennette has not been actively trading shares of Macy's in the last ninety days. Most recently, Jeffrey Gennette sold 30,090 shares of the business's stock in a transaction on Monday, April 1st. The shares were sold at an average price of $19.66, for a transaction totalling $591,569.40. Following the completion of the sale, the director now directly owns 1,073,699 shares of the company's stock, valued at $21,108,922.34. Learn More on Jeffrey Gennette's trading history.

Who are Macy's' active insiders?

Macy's' insider roster includes C. Elisa Garcia (EVP), Jeffrey Gennette (CEO), Paul Griscom (SVP), John Harper (COO), Danielle Kirgan (EVP), Adrian Mitchell (CFO), Antony Spring (CEO), and Paul Varga (Director). Learn More on Macy's' active insiders.

Are insiders buying or selling shares of Macy's?

In the last twelve months, insiders at the sold shares 19 times. They sold a total of 263,089 shares worth more than $5,247,878.92. The most recent insider tranaction occured on September, 5th when SVP Paul Griscom sold 1,201 shares worth more than $18,291.23. Insiders at Macy's own 2.8% of the company. Learn More about insider trades at Macy's.

Information on this page was last updated on 9/5/2024.

Jeffrey Gennette Insider Trading History at Macy's

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/1/2024Sell30,090$19.66$591,569.401,073,699View SEC Filing Icon  
3/25/2024Sell19,609$20.28$397,670.521,015,015View SEC Filing Icon  
3/22/2024Sell78,567$20.42$1,604,338.14994,301View SEC Filing Icon  
7/11/2022Sell78,021$17.36$1,354,444.56405,744View SEC Filing Icon  
7/12/2021Sell77,196$18.97$1,464,408.12View SEC Filing Icon  
5/17/2019Buy5,000$21.96$109,800.00102,525View SEC Filing Icon  
4/12/2018Buy10,000$29.10$291,000.0089,303View SEC Filing Icon  
6/12/2017Buy13,085$22.95$300,300.7589,053View SEC Filing Icon  
3/2/2016Buy25,000$43.81$1,095,250.0057,159View SEC Filing Icon  
3/24/2015Sell14,077$65.37$920,213.49View SEC Filing Icon  
3/2/2015Sell9,366$63.41$593,898.06View SEC Filing Icon  
4/1/2014Sell27,895$59.17$1,650,547.1525,100View SEC Filing Icon  
11/26/2013Sell22,014$52.94$1,165,421.1625,100View SEC Filing Icon  
7/5/2013Sell112,589$49.00$5,516,861.00View SEC Filing Icon  
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Jeffrey Gennette Buying and Selling Activity at Macy's

This chart shows Jeffrey Gennette's buying and selling at Macy's by year and by quarter.

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Macy's Company Overview

Macy's logo
Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
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Today's Range

Now: $16.65
Low: $16.26
High: $16.68

50 Day Range

MA: $15.87
Low: $14.57
High: $16.94

2 Week Range

Now: $16.65
Low: $14.06
High: $22.10

Volume

5,009,051 shs

Average Volume

6,425,955 shs

Market Capitalization

$4.62 billion

P/E Ratio

28.22

Dividend Yield

4.28%

Beta

2.11