Paul Varga resigns from Macy's board, Connelly named successor
NEW YORK, Oct. 23 - Paul C. Varga has resigned from the board of directors of Macy's, Inc., a move effective December 11, 2026. The company disclosed the departure in a Form 8-K filed with the Securities and Exchange Commission. The board has elected Deirdre P. Connelly to succeed Varga as Lead Independent Director, effective December 12, 2026.
NEW YORK, Oct. 23 - Paul C. Varga has resigned from the board of directors of Macy's, Inc., a move effective December 11, 2026. The company disclosed the departure in a Form 8-K filed with the Securities and Exchange Commission. The board has elected Deirdre P. Connelly to succeed Varga as Lead Independent Director, effective December 12, 2026.
Varga has served as a director since 2012 and held the position of Lead Independent Director since 2021. The filing states that his decision to resign was not due to any disagreement with the company, the board or management on any matter relating to operations, policies or practices. The transition is described as part of the board's regular governance and succession planning.
Following Varga's resignation, the board fixed the number of directors at nine, effective December 11, 2026. Macy's is headquartered at 151 West 34th Street in New York, New York, and its common stock trades on the New York Stock Exchange under the symbol M. The report was signed by Tracy M. Preston, Executive Vice President, Chief Legal Officer and Corporate Secretary.