Macy’s Appoints Paula Price as CFO

On May 23, Macy’s announced the appointment of Paula A. Price as CFO, effective July 9. Price will be responsible for leading the company’s finance, accounting, investor relations and internal audit functions. Price will succeed Karen Hoguet who had previously announced plans to retire at the end of the 2018 fiscal year. Hoguet will remain with Macy’s in an advisory role during a transition period until February 2, 2019. Price joins Macy’s with 30 years of finance experience, primarily in retail and consumer-facing businesses. She is currently a full-time senior lecturer in the accounting and management unit at Harvard Business School, a role she has held since 2014. She was also CFO of Ahold USA, and Senior VP, Controller and Chief Accounting Officer of CVS Caremark Corporation. Price is also a certified public accountant with an MBA with from the University of Chicago Booth School of Business.