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Macy's Lundgren Named 2010 Chairman of NRF
January 14,
2010 by in UnCategorized
By Home Furnishings Business in on January 15, 2010
Macy's chairman, president and CEO Terry Lundgren has been named chairman of the National Retail Federation's board of directors.
Lundgren succeeds Myron E. Ullman, III, chairman and CEO of J.C. Penney Co., in the association position. Additionally, Stephen I. Sadove, chairman and CEO of Saks Inc., was elected to serve as first vice chairman of NRFs Board of Directors. Sadove succeeds Phillip L. Francis, executive chairman of PetSmart, Inc.
Kip Tindell, chairman and CEO of The Container Store, will serve as the second vice chairman of the Board as well as chairman of NRFs Awards and Nominations Committee. Robert M. Benham, president and CEO of Balliets LLC, was elected as NRFs new corporate secretary of the board. Roger N. Farah, president and COO, Polo Ralph Lauren Corp., was elected to serve as chairman of NRFs Finance Committee.
Each officer will serve a two-year term.
"Our impressive board includes a diverse group of retailers, each of whom represents NRFs growing member base," said Tracy Mullin, NRF president and CEO. "The professionalism and experience of each board member will assure NRFs continued success well into the future.
Other executives elected to the board to serve three-year terms include:
- Marty P. Albertson, chairman and CEO, Guitar Center;
- Daniel Lalonde, president and CEO, Louis Vuitton North America; and
- Laurent Milchoir, CEO, Etam Group.
In addition, two members join the board as representatives of the associate member advisory council:
- John Karonis, president, Consumer Group, KSA; and
- Lori Schafer, executive advisor, Retail Division, SAS Institute.
The National Retail Federation is the world's largest retail trade association, with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, independent stores, chain restaurants, drug stores and grocery stores as well as the industry's key trading partners of retail goods and services. NRF represents an industry with more than 1.6 million U.S. retail establishments, more than 24 million employees and 2008 sales of $4.6 trillion.