Tag: black female executives

Harvard Business School Senior Lecturer Paula A. Price to Join Macy’s, Inc. as Chief Financial Officer

New Macy’s Chief Financial Officer Paula A. Price (photo via theshelbyreport.com)

by Lori Lakin Hutcherson (@lakinhutcherson)

According to businesswire.com, Macy’s, Inc. (NYSE:M) recently announced that Paula A. Price will be appointed the national department store’s Chief Financial Officer, effective July 9, 2018.

Price will be responsible for leading the company’s finance, accounting, investor relations and internal audit functions. She will report to Jeff Gennette, Macy’s, Inc. chairman and chief executive officer, and will be based in New York. Price will succeed Karen Hoguet, who plans to retire at the end of the 2018 fiscal year. Ms. Hoguet will remain with Macy’s, Inc. in an advisory role to support the company during a transition period until February 2, 2019.

“I’m excited to have Paula join Macy’s, Inc. at such an important time for our business. She is an accomplished financial executive with an impressive breadth and depth of retail experience and will be a great addition to the team. Having led finance in a variety of complex and dynamic retail organizations, Paula’s insights and experience will serve Macy’s, Inc. well,” said Gennette.

Price joins Macy’s, Inc. with 30 years of finance experience primarily in retail and consumer-facing businesses. She is currently a full-time senior lecturer in the accounting and management unit at Harvard Business School, a role she has held since 2014.

According to the Wall Street Journal, Price also serves as a director on the board of consulting firm Accenture PLC, where she chairs the audit committee and is a member of the compensation committee. She is a director on the boards of Western Digital Corp., Blue Cross Blue Shield of Massachusetts and the Financial Guaranty Insurance Company. Ms. Price resigned from the board of Dollar General Corp. on May 17.  Before her stint at Ahold U.S.A. as CFO, Ms. Price was controller and chief accounting officer at CVS Caremark Corp.

Former Goldman Sachs Partner Edith Cooper Joins Board of Directors of Etsy

Edith Cooper (photo via business insider.com)

by Lori Lakin Hutcherson (@lakinhutcherson)

According to etsy.com, Edith Cooper, the former Partner and Global Head of Human Capital for Goldman Sachs, has been appointed to Etsy, Inc.’s Board of Directors, effective April 5, 2018.  Etsy, Inc. (Nasdaq: ETSY), is known as an online leader in the global marketplace for unique and creative goods.

“With Edith joining the board, we gain significant talent-management expertise, based on years of experience at leading global financial institutions. We are also honored that a person who called Brooklyn her home for many years is now working hand-in-hand with us to make our tech company even more successful,” said Josh Silverman, Etsy, Inc. CEO. “We are looking forward to Edith bringing her wealth of knowledge to Etsy, providing guidance as we continue driving growth and empowering the 1.9 million creative entrepreneurs who rely on our marketplace.”

Throughout her career, Ms. Cooper has used her broad experience in finance and focus on human capital to unlock innovation and collaboration in the workplace. At Goldman Sachs, she pioneered the use of data, analytics, and technology to maximize investments in people and leverage talent across the enterprise. She spearheaded Goldman Sachs’ groundbreaking company-wide conversation series on diversity and inclusion, designed to tie business goals to equity and social issues in order to empower all of the talent of the firm.  Cooper was also responsible for the recruitment, development, promotion, and well-being of the firm’s 35,000 people around the world. She has held various leadership roles as well at Morgan Stanley and Bankers Trust.  Cooper also is a member of the Board of Directors of Slack, the Museum of Modern Art and Mt. Sinai Hospital.

“Etsy’s mission to ‘Keep Commerce Human’ and its culture is revolutionary in the tech space. I have long admired Etsy’s drive to create value by investing in its people and fostering a diverse and inclusive workplace,” said Edith.  “I am honored to join the Board as Etsy continues to connect creative entrepreneurs with buyers around the world.”

With Edith’s appointment, Etsy’s Board has expanded, while retaining gender parity. She is also joining the Compensation Committee of the Board. Etsy was founded in 2005 and is headquartered in Brooklyn, New York.