Macy's Names Deirdre Connelly Lead Independent Director, Succeeding Paul Varga
Bitget2026/10/23 20:14- Macy's named Deirdre P. Connelly lead independent director, effective December 12, 2026, succeeding Paul C. Varga.
- Varga notified the company October 23, 2026, of his board resignation, effective December 11, 2026.
- He has served as a director since 2012 and lead independent director since 2021.
- The board will have nine directors effective December 11, 2026.
- The changes reflect regular succession planning; Varga's resignation was not due to disagreements with the company, board or management.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization
As concerns about Wall Street's massive returns on tech giants' artificial intelligence investments continue to intensify, Apple surpassed Nvidia on Friday to once again become the world's most valuable publicly traded company.

AI burning cash sparks credit risk concerns! S&P downgrades Meta (META.US) rating outlook to "negative," questioning its ability to monetize massive investments
S&P Global Ratings has revised Meta's credit rating outlook from “stable” to “negative,” citing the company's continued expansion of artificial intelligence (AI) capital expenditures, which has turned free cash flow negative. There remains uncertainty over whether these significant AI investments will generate sufficient returns in the coming years.

Prospect Ridge Raises $1.84 Million in Private Placement