United States

People: Macy's Inc (M.N)

M.N on New York Stock Exchange

21 Oct 2016
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$0.64 (+1.78%)
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Sachse, Peter 

Mr. Peter R. Sachse is Chief Growth Officer of the Company. He was Chief Innovation and Business Development Officer of Macy's, Inc., since February 2015. Prior thereto he served as Chief Stores Officer from February 2012 to February 2015; as Chief Marketing Officer from February 2009 to February 2012 and as Chairman of macys.com from April 2006 to February 2012. He previously was Macy's chief marketing officer since February 2009, along with serving as chairman and CEO of macys.com since April 2006. He was president of Macy's Corporate Marketing from 2003 to 2006. Prior to serving in these roles, Sachse was president and chief operating officer of The Bon Marché in Seattle. He began his retail career with Macy's in Kansas City and was a division merchandise manager at Macy's/Bullock's in Atlanta. He was also executive vice president/general merchandise manager at Macy's East and was later promoted to vice chair/director of stores of Macy's East. A native of Sheboygan, WI, Sachse lives in the New York City area. He holds a degree from the University of Wisconsin.

Basic Compensation

Total Annual Compensation, USD 900,000
Restricted Stock Awards, USD 1,786,860
Long-Term Incentive Plans, USD --
All Other, USD 619,707
Fiscal Year Total, USD 3,306,570

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 74,438 3,388,740.00