Macy's names Thomas J. Edwards COO and CFO, succeeding Adrian Mitchell
Macy's, Inc. said Thomas J. Edwards, Jr., currently CFO and COO of Capri Holdings Limited, will become its Chief Operating Officer and Chief Financial Officer effective June 22, 2025. Adrian Mitchell, the current COO and CFO, is leaving the company and will stay in his role through June 21, 2025, and the company reiterated all components of its 1Q25 guidance, which matters because the CFO change alters the finance leadership shareholders rely on.
Key points
- Edwards, 60, joins effective June 22, 2025, with an annual base salary of $850,000 and a target short-term incentive of 125% of base salary.
- Edwards' long-term incentive target grant date fair value is $3,100,000, and his signing bonus ranges from $1,650,000 to $1,735,000 depending on start date.
- Mitchell continues as COO and CFO through June 21, 2025, and will receive benefits under the Senior Executive Severance Plan.
- Macy's reiterated all components of its 1Q25 guidance, which it provided on March 6, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 01, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.