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Harnessing the Might of Macy's

Chief executive officer Terry J. Lundgren is out to prove that bigger really does mean better.

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Muriel Gonzalez

Photo By Peter Stemmler

Farrell Foster

Photo By Peter Stemmler

Appeared In
Special Issue
Beauty Inc issue 04/22/2011

Who's Who At Macy's

Terry J. Lundgren
A native of Long Beach, Calif., Terry J. Lundgren began his retailing career in 1975 as a trainee at Bullock’s, a Los Angeles-based division of Federated. Over the next decade, he held positions of increasing responsibility in buying, store management and human resources. In 1984, he was named senior vice president and general merchandise manager, moving up to president and chief executive officer three years later. He left Federated after its acquisition by Campeau Corp., joining Neiman Marcus and rising to chairman and ceo. He returned to Federated in April 1994 as chairman and ceo of the Federated Merchandising Group, at a time when the company doubled in size because of numerous acquisitions. Lundgren led the acquisition of May Department Stores Co. in 2005, again doubling the size of the company. Lundgren graduated from the University of Arizona, where he is an active supporter of the Terry J. Lundgren Center for Retailing.

Muriel Gonzalez

Executive vice president and general merchandise manager for cosmetics, fragrance and shoes, Muriel Gonzalez has had significant experience on the retail and brand side of the beauty business.

She began her career at Bloomingdale’s, and her early experience included stints at Saks Fifth Avenue and John Wanamaker, where she quickly rose through the ranks. From 1991 to 1999, she was senior vice president of marketing for Estée Lauder USA and Canada. Her retail experience includes merchandising and marketing. At AnnTaylor Stores Corp., for example, she was executive vice president and chief marketing officer.

Farrell Foster

Farrell Foster joined Broadway Stores Inc. in 1994 as a department manager. Two years later, he moved to Burdines in Miami, where he was promoted through the planning and finance ranks to become vice president for gross margin, financial and capital planning. When the Macy’s merchandising and merchandise planning organization was unified in 2009, Foster became group vice president and national planning manager. Today, he is executive vice president-general planning manager for cosmetics, fragrances and shoes, a position he assumed in November.

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