Klein returns to Macy's East as chairman/CEO

Former vice chairman replaces Hal Kahn

By Staff -- Home Textiles Today, 2/9/2004 12:00:00 AM

CINCINNATI —

Federated Department Stores, Inc. announced that Ronald Klein, 55, will be returning to Macy's East as chairman and CEO of the New York-based division, effective Feb. 15.

Klein, who previously served as vice chairman of Macy's East, succeeds Hal Kahn, 58, who is retiring after having served as chairman and CEO of the 104-store division since 1994.

The company also announced that Michael G. Krauter, 46, currently executive vice president/director of stores at Rich's/Lazarus/Goldsmith's-Macy's, will assume a new position as president and chief merchandising officer of the Atlanta-based division where Klein has been chairman since July 2001.

Krauter will join with David L. Nichols, who will remain as president and chief operating officer of the division, a position he has held since August 2000.