Amid ongoing pressure from investors to maximize the value of its real estate holdings, Macy’s has appointed Douglas W. Sesler as executive VP for real estate, effective April 5.
Sesler, who most recently was president of real estate investment and
advisory firm True Square Capital LLC, will oversee Macy’s real estate
functions and lead initiatives to increase shareholder value including
creating potential joint ventures or other partnerships involving the
company flagship locations and mall-based properties. He will report
directly to Terry J. Lundgren, chairman and CEO of Macy’s.. . . more