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Macy's Terry J. Lundgren elected as chairman of NRF Board of Directors 

January 18, 2010

The National Retail Federation announced Terry J. Lundgren, Chairman, president and CEO of Macy's Inc., will serve as the chairman of the NRF Board of Directors, elected during NRF's 99th Annual Convention and Expo in New York City. Lundgren succeeds Myron E. Ullman III, chairman and CEO of J.C. Penney Company Inc. Additionally, Stephen I. Sadove, chairman and CEO, Saks Inc., was elected to serve as First vice chairman of the board. Sadove succeeds Phillip L. Francis, executive chairman of PetSmart Inc.  

Kip Tindell, chairman and CEO of The Container Store, will serve as the second vice chairman of the board as well as chairman of NRF's Awards and Nominations Committee. Robert M. Benham, president and CEO of Balliet's LLC, was elected as NRF's new corporate secretary of the board. Roger N. Farah, president and chief operating officer, Polo Ralph Lauren Corp., was elected to serve as chairman of NRF's Finance Committee.  

Each officer will serve a two-year term.

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