Macy’s welcomes Ric Clark and Rick Markee to its Board as Independent Directors

 – USA, NY –  Macy’s, Inc. (NYSE: M) today announced the appointment of Ric Clark and Rick Markee to its Board as Independent Directors, effective immediately.

“We are pleased to welcome Ric and Rick to the Board as we advance our efforts to deliver value for shareholders. Ric and Rick bring leadership experience as well as valuable real estate and retail industry expertise, respectively, that is complementary to that of our other Board members. We are confident the Company will benefit from their additional perspectives in addition to those of Doug who also joins our Board today,” said Chairman and CEO, Tony Spring.

About Richard Clark

Ric Clark possesses nearly four decades of real estate, mergers and acquisitions, and capital markets experience. He is the Co-Founder and Managing Partner of WatermanCLARK, a vertically integrated real estate investment and operating company. Before his current role, Clark spent three decades at Brookfield Corp. and its predecessors, serving in various leadership roles, including Chairman and CEO of Brookfield Property Group, Brookfield Property Partners, and Brookfield Office Properties. Under his leadership, Brookfield’s real estate group grew its assets under management from $5 billion to more than $200 billion and expanded globally in office, multifamily, industrial, hotel, and retail real estate. Clark also currently serves as Chairman of the Alliance for Downtown New York and the Downtown-Lower Manhattan Association and serves on several real estate executive committees.

He holds a Bachelor of Science in Business from Indiana University of Pennsylvania.

About Richard L. Markee

Rick Markee has extensive retail leadership experience both as CEO and as a director on numerous public company boards. Markee previously served in various roles at Vitamin Shoppe, Inc., including as Non-Executive Chairman, Executive Chairman, and CEO. Earlier in his career, he also held senior positions at Toys “R” Us, Inc., including Vice-Chairman, and President of Babies “R” Us and Toys “R” Us U.S. Markee currently serves on the board of Five Below, Inc. and previously served as a director of Collective Brands, Inc., the Sports Authority, Inc., Dorel Industries Inc., and Pet Supplies Plus. He holds a Bachelor of Arts from the University of Wisconsin.

About Macy’s, Inc.

Macy’s, Inc. is a trusted source for quality brands through our iconic nameplates – Macy’s, Bloomingdale’s, and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit
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