Terry Lundgren
Director/Board Member at PROCTER & GAMBLE COMPANY
Net worth: 6 M $ as of 31/03/2024
Profile
Terry J. Lundgren (born 1952) is an American department store executive and is the CEO, Chairman of the Board, President, and Director at Macy's, Inc., the parent company of Macy's and Bloomingdale's department stores.
Career
Through his career at Federated/Macy's, Lundgren is credited with being an innovator in merchandising, branding and localization. He was instrumental in developing the company's private brands of merchandise and led the 2005 merger of Federated Department Stores, Inc. and May Department Stores, Inc., creating one of the largest retailers in the world, with more than 800 U.S. stores and 2008 net sales of US$24.9 billion.
Like all retailers, Macy's, Inc. saw declining sales in 2008 amid deterioration of the U.S. economy. In fiscal 2008 (through January 2009), same-store sales declined by 4.6% at Macy's, Inc. In this environment, however, Macy's, Inc. has outperformed virtually every major competitor.Citation | last = Bustillo | f
Source @ Wikipedia
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
PROCTER & GAMBLE COMPANY
0.00% | 12/03/2024 | 39,857 ( 0.00% ) | 6 M $ | 31/03/2024 |
Latest news about Terry Lundgren
Terry Lundgren active positions
| Companies | Position | Start |
|---|---|---|
| PROCTER & GAMBLE COMPANY | Director/Board Member | 08/01/2013 |
The Carnegie Hall Corp.
 The Carnegie Hall Corp. Media ConglomeratesConsumer Services The Carnegie Hall Corp. operates as a non-profit organization that engages in the promotion and management of a venue for musical performances. It also supports educational activities through its Weill Music Institute. The company was founded by Andrew Carnegie in 1891 and is headquartered in New York, NY. | Director/Board Member | - |
The Economic Club of New York
 The Economic Club of New York Miscellaneous Commercial ServicesCommercial Services The Economic Club of New York operates as a nonprofit, nonpartisan and nonpolitical organization. The company was founded by J.W. Beatson in 1907 and is headquartered in New York, NY. | Director/Board Member | 30/06/2014 |
Dropit Shopping Ltd.
 Dropit Shopping Ltd. Packaged SoftwareTechnology Services Dropit Shopping Ltd. provides shoppers with an affordable convenience and retailers with a branded, secure and easy-to-use solution. The company was founded on 23 September, 2014 by Karin Cabili and is headquartered in London, the United Kingdom. | Director/Board Member | - |
Former positions of Terry Lundgren
| Companies | Position | End |
|---|---|---|
| MACY'S, INC. | Chief Executive Officer | 01/03/2017 |
National Retail Federation, Inc.
 National Retail Federation, Inc. Miscellaneous Commercial ServicesCommercial Services National Retail Federation operates membership organizations. Its channels of distribution include department, specialty, discount, catalog, Internet and independent stores. The company is headquartered in Washington, DC. | Chairman | 16/01/2018 |
| KRAFT FOODS | Director/Board Member | 02/07/2015 |
| MONDELEZ INTERNATIONAL, INC. | Director/Board Member | 01/10/2012 |
Federated Retail Holdings, Inc.
 Federated Retail Holdings, Inc. Finance/Rental/LeasingFinance Macy's Retail Holdings, Inc. owns and operates departmental stores. The company offers retail merchandising services. It also provides bed and bath products, cosmetic, apparel, accessories, and jewelry. The company was founded in 1994 and is headquartered in Cincinnati, OH. | Chief Executive Officer | 29/06/2011 |
Training of Terry Lundgren
| University of Arizona | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 3 |
|---|---|
| MACY'S, INC. | Retail Trade |
| PROCTER & GAMBLE COMPANY | Consumer Non-Durables |
| MONDELEZ INTERNATIONAL, INC. | Consumer Non-Durables |
| Private companies | 13 |
|---|---|
The Neiman Marcus Group LLC
 The Neiman Marcus Group LLC Department StoresRetail Trade Part of Neiman Marcus Group, Inc., The Neiman Marcus Group LLC is a private company that offers free shipping and free returns on their website. The company is based in Dallas, TX. The Neiman Marcus Group was acquired by Warburg Pincus & Company US LLC on October 06, 2005 for $4,894.38 million. The company sells the latest styles from top designers such as Michael Kors, Tory Burch, Burberry, Christian Louboutin, Kate Spade, and more. The company was founded in 1907. Geoffroy van Raemdonck has been the CEO of the company since 2018. | Retail Trade |
Kraft Foods Group, Inc.
 Kraft Foods Group, Inc. Food: Major DiversifiedConsumer Non-Durables Kraft Foods Group, Inc. manufactured and marketed packaged food products. The company was founded in 1980 and was headquartered in Northfield, IL. | Consumer Non-Durables |
National Retail Federation, Inc.
National Retail Federation, Inc. Miscellaneous Commercial ServicesCommercial Services National Retail Federation operates membership organizations. Its channels of distribution include department, specialty, discount, catalog, Internet and independent stores. The company is headquartered in Washington, DC. | Commercial Services |
| Federal Reserve Bank of New York | Government |
The Partnership for New York City, Inc.
 The Partnership for New York City, Inc. Miscellaneous Commercial ServicesCommercial Services The Partnership for New York City operates as a charitable organization. It is a network of business leaders and corporations working for the economic and cultural betterment of all five boroughs of the city. The firm provides networking opportunities, conducts research, participates in policy making and lobbies government. The company was founded by David Rockefeller in 2002 and is headquartered in New York, NY. | Commercial Services |
Federated Retail Holdings, Inc.
Federated Retail Holdings, Inc. Finance/Rental/LeasingFinance Macy's Retail Holdings, Inc. owns and operates departmental stores. The company offers retail merchandising services. It also provides bed and bath products, cosmetic, apparel, accessories, and jewelry. The company was founded in 1994 and is headquartered in Cincinnati, OH. | Finance |
The Economic Club of New York
The Economic Club of New York Miscellaneous Commercial ServicesCommercial Services The Economic Club of New York operates as a nonprofit, nonpartisan and nonpolitical organization. The company was founded by J.W. Beatson in 1907 and is headquartered in New York, NY. | Commercial Services |
The Carnegie Hall Society, Inc.
 The Carnegie Hall Society, Inc. Movies/EntertainmentConsumer Services The Carnegie Hall Society, Inc. promotes musical performances. The company was founded by Andrew Carnegie and Louise Carnegie in 1891 and is headquartered in New York, NY. | Consumer Services |
| Federated Merchandising Group | |
Dropit Shopping Ltd.
Dropit Shopping Ltd. Packaged SoftwareTechnology Services Dropit Shopping Ltd. provides shoppers with an affordable convenience and retailers with a branded, secure and easy-to-use solution. The company was founded on 23 September, 2014 by Karin Cabili and is headquartered in London, the United Kingdom. | Technology Services |
The Carnegie Hall Corp.
The Carnegie Hall Corp. Media ConglomeratesConsumer Services The Carnegie Hall Corp. operates as a non-profit organization that engages in the promotion and management of a venue for musical performances. It also supports educational activities through its Weill Music Institute. The company was founded by Andrew Carnegie in 1891 and is headquartered in New York, NY. | Consumer Services |
D8 Holdings Corp.
 D8 Holdings Corp. Financial ConglomeratesFinance D8 Holdings Corp. is a blank check company, which is created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, focusing on regional consumer brands. The company was founded on May 6, 2020 and is headquartered in Hong Kong. | Finance |
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