Adrian Mitchell, a partner at Boston Consulting Group, will take on the role of chief financial officer at Macy’s starting November 2nd.
Mitchell brings extensive experience, having held several executive positions at retail brands before he joined the Boston Consulting Group (BCG). Mitchell previously served as the CEO of home furnishings retailer Arhaus between 2016 and 2017. Prior to Arhaus, Mitchell served as the CFO and interim CEO at Crate and Barrel and has also held management positions at Target and McKinsey & Company, where h co-founded the North America Lean Operations Retail Practice.
According to a company announcement, Mitchell will be responsible for leading all things financial at Macy’s, including accounting, treasury, investor relations, internal audit, financial/capital planning & analysis and procurement.
“In a retail environment where change is accelerating beyond what we could have imagined a year ago, Adrian’s depth of financial and operational experience, coupled with his leadership in strategy, innovation, and transformation, will help us on our path to emerge a stronger company,” said Jeff Gennette, chairman and chief executive officer of Macy’s, Inc.
Felicia Williams, who joined Macy’s, Inc. in 2004, has been working as an interim CEO at Macy’s ever since Paula Price departed in May. Williams will join the organization CEO Action for Racial Equity as a Macy’s, Inc. Fellow. Price will be playing a contributing role in identifying, developing and promoting scalable and sustainable policies as well as corporate best practices that address both systemic racism and social injustice and overall, improve societal well-being.