Cincinnati — Terry Lundgren, executive chairman of Macy’s, Inc., will retire from the board of directors on January 31, 2018. The board has appointed Jeff Gennette, who has been CEO since March 2017, to the additional role of chairman effective January 31, 2018. This will complete the planned transition that was announced in June 2016. Marna Whittington remains lead independent director. Following Lundgren’s retirement, the board will have 10 directors.