Macy's: Three directors will not seek re-election; board to shrink from 13 to ten members
Macy's said directors Richard Clark, Douglas W. Sesler and Tracey Zhen will not stand for re-election at the May 15, 2026 annual meeting. The company said their decisions were not the result of any dispute with Macy's over its operations, policies or practices. The Board also approved reducing its size from 13 to ten members, effective at that meeting, which the company said aligns the board with its current strategic focus.
Key points
- Richard Clark, Douglas W. Sesler and Tracey Zhen notified the Board on March 25, 2026 that they will not stand for re-election.
- The 2026 Annual Meeting of shareholders is scheduled for May 15, 2026.
- Board size will decrease from 13 to ten members effective as of the 2026 Annual Meeting.
- The company said the departures were not due to any disagreement over Macy's operations, policies or practices.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 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 March 26, 2026.
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.