Macy's CEO wins mother of all dad awards
NEW YORK, NY — The National Father’s Day Council, a nonprofit that recognizes modern day role model fathers, has named Terry Lundgren, chairman, president and CEO of Macy’s Inc., as a recipient of its 2013 "Father of the Year" Award. Lundgren joins President Bill Clinton, Founder of the William J. Clinton Foundation and 42nd President of the United States, as a fellow honoree. The awards will be presented at the 72nd Annual Father of the Year Awards in New York City on Tuesday, June 11.
With proceeds benefitting Save the Children’s U.S. Programs, the awards luncheon will take place at 12:00 p.m. at the Grand Hyatt New York Hotel.
Lundgren began his retailing career in 1975 as a trainee with Bullock’s, a Los Angeles-based division of Federated Department Stores, Inc. (the corporate predecessor of Macy’s). He held positions of increasing responsibility over the next decade in buying, store management, human resources, and served as the division’s director of stores, eventually becoming president and CEO of Bullocks Wilshire, then an upscale chain of specialty department stores owned by Federated. Lundgren left Federated after its acquisition by the Campeau Corporation in 1988, joining Neiman Marcus in Dallas, Texas, where he served as Chairman and CEO. He returned to Federated in April of 1994 as chairman and CEO of the Federated Merchandising Group. He assumed his current titles of chairman, president and CEO of Macy’s Inc. in 2004, and he led the acquisition of The May Department Stores Company in August 2005.
Lundgren is a native of Long Beach, California, and a graduate of the University of Arizona where he is an active supporter of The Terry J. Lundgren Center for Retailing.
He has two daughters and currently resides in New York City with his wife, Tina.
“We are truly privileged to have such an esteemed and well-respected retail industry veteran accept this award,” said Dan Orwig, Chairman of the National Father’s Day Committee, and VP, Group Director Men’s Division Itochu Prominent. “Lundgren is recognized for his role as an inspirational and dedicated father, as well as his outstanding philanthropic efforts and distinguished career. He embodies the passion, leadership and true devotion to both his family and career that is celebrated by this award.”
As part of its commitment to support meaningful philanthropies dealing with issues affecting mothers, fathers and children, the National Father’s Day/Mother’s Day Council Inc. has donated more than $30 million to date to meaningful charities nationwide.