As of 9 July 2022, experts estimate that Jeffrey Gennette’s net worth is $33.4 million. Over the past 14 years, Mr. Gennette has sold M shares totaling over $12,318,162, and he currently owns over 136,689 units of Macy’s Inc stock with a market value of over $10,754,096. As Chairman of the Board and CEO of Macy’s Inc., he earns an additional $10,308,800 annually.
SEC Form 4 insider trading report for Mr. Gennette’s M stock
Since 2011, Jeffrey has made over 26 trades involving Macy’s Inc. stock, as evidenced by his filing of Form 4 with the SEC. On July 9, 2022, he redeemed $3,038,596 worth of M stock units.
On February 24, 2012, he executed his biggest trade ever by exercising 156,221 units of stock in Macy’s Inc. Since 2009, Jeffrey’s average trading volume has been 25,728 units per 87 days. His holdings in Macy’s Inc. stock as of 9 July 2022 amount to at least 483,765 shares.
An introduction to the life of Jeffrey Gennette
Jeffrey Gennette is both the company’s CEO and chairman of the board. 31, 2018. Mr. Gennette has spent over 31 years working at Macy’s. He’s been at this job since March 2014. Chief Merchandising Officer responsibilities were held by Mr. Gennette from February 2009 till February 2014. He has previously held the positions of chairman and chief executive officer at Macy’s West for a year and at Macy’s Northwest in Seattle from December 2005 to February 2008.
One of my favorite White House traditions was telling Thanksgiving jokes – which at least I thought were funny.
Here’s a look back at some of my favorites: pic.twitter.com/t2azgScNau
— Barack Obama (@BarackObama) November 24, 2022
Gennette has held positions as high-ranking as those of senior vice president and general merchandise manager at Macy’s West and executive vice president and director of stores for Macy’s Central in Atlanta. In 1983, Gennette began her career in retail by joining Macy’s West as an executive trainee. She has since held a number of jobs within the department’s merchant and store management departments. Gennette has held positions as a shop manager for FAO Schwarz and a director of stores for Broadway Stores throughout his career. Gennette is an English major at Stanford and a native of San Diego. Currently, he is based out of the Big Apple.
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Jeffery Gennette’s age, please.
Now 58 years old, Jeffrey Gennette has held the positions of Chairman of the Board and Chief Executive Officer of Macy’s Inc. At Macy’s Inc., 12 executives are in their 60s, while 13 are in their 20s. Macy’s Inc. Independent Director Joyce Roche is 73 years old, making her the company’s oldest executive.
Where can I find Jeffrey Gennette’s address details?
According to his SEC filing, Jeffrey can be reached at C/O MACY’S, INC., 151 WEST 34TH STREET, NEW YORK, NY 10001.
Trading by Macy’s Inc. insiders
Macy’s Inc insiders have purchased 152,110 units worth $4,162,172 and sold approximately $137,814,387 in shares during the past 15 years. Terry J Lundgren, Joseph Neubauer, and John A Bryant are the most active insider traders. Management and board members at Macy’s Inc. make stock trades with an average value of $878,016 every 13 days. Paul Griscom traded 4,085 shares of M stock, valued a total of $95,671 in his most recent stock transaction on September 4, 2022.
So, what exactly does Macy’s Inc. do?
Macy’s, Inc. is widely recognized as a leading omnichannel fashion store in the United States. Macy’s, Bloomingdale’s, and Bluemercury are the three department stores that make up the company’s retail division. The corporate offices of Macy’s, Inc. can be found in the Big Apple.
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