Why Is Macy’s Felicia Williams “Interim“ Chief Financial Officer?

Why Is Macy’s Felicia Williams “Interim“ Chief Financial Officer?

Pedestrians move through the intersection of Broadway and 34th Street in front of Macy's department ... [+] store in New York, U.S., on Thursday, Dec. 27, 2007. Spending surges after the Thanksgiving holiday and last weekend weren't enough to boost holiday buying as consumers facing $3-a-gallon gasoline and declining home values limited gift purchases. Photographer: Jonathan Fickies/Bloomberg News



BLOOMBERG NEWS

It has been 5 months since Felicia Williams took over as Macy's Interim Chief Financial Officer (CFO) from Paula Price who resigned the position after less than two years. She had taken over from Karen Hoguet who held the position for more than 21 years and retired in 2018.

Williams has taken over the post at a critical time. The company announced earnings and