Macy's Names Interim CFO. Will It Help?
While Macy's (NYSE: M) preliminary quarterly forecast showed a huge decrease from 2019, the retailer still has a chance for improvement. The company has made all sorts of adjustments to stem the hemorrhaging of sales and recently announced it has named a new interim CFO.
Current CFO Paula Price announced her departure in April and is set to leave on May 31. Felicia Williams, who is currently controller and enterprise risk officer at Macy's, will take over the position in until the company is ready to announce a permanent replacement.
Image source: Macy's.
Source Fool.com
