The May Department Stores Company Announces Retirement of Filene's/Kaufmann's Chairman William K. Gingerich and Promotion of Mic
05 October 2004 - 5:42AM
PR Newswire (US)
The May Department Stores Company Announces Retirement of
Filene's/Kaufmann's Chairman William K. Gingerich and Promotion of
Michael J. Geraghty ST. LOUIS, Oct. 4 /PRNewswire-FirstCall/ -- The
May Department Stores Company (NYSE:MAY) today announced the
retirement of William K. Gingerich, chairman of its
Filene's/Kaufmann's department store division headquartered in
Boston. His retirement is effective Oct. 31, 2004. Michael J.
Geraghty, currently executive vice president of finance and
merchandise information systems at Filene's/Kaufmann's, succeeds
Mr. Gingerich. Thomas A. Kingsbury continues as president and chief
executive officer of Filene's/Kaufmann's. "Bill Gingerich has had a
distinguished 20-year career with May," said John L. Dunham, May's
president. "His contributions and accomplishments on behalf of May
have been substantial. His leadership and business insights will be
missed by his associates and peers throughout the company." "Bill
Gingerich, Tom Kingsbury, and Mike Geraghty have been part of a
powerful senior management team at Filene's/Kaufmann's," said
William P. McNamara, May's vice chairman. "Mike has a proven record
of success as a manager and leader. His 22 years of experience with
May and his extensive experience at Filene's/Kaufmann's will help
provide a smooth management transition for this very important
position." Mr. Geraghty, 55, joined May in 1980 as vice president
of credit and customer service at May's former May Company,
California division and in 1983 was named controller. In 1985 he
was named senior vice president of finance for the former G. Fox
division. In 1992 Mr. Geraghty was named Filene's vice president of
credit and operations and in 1996 was named regional vice president
of May's credit center in St. Louis. Later in 1996 he was promoted
to senior vice president of finance for Filene's and was named to
his current position at Filene's/Kaufmann's earlier this year. A
native of New York City, Mr. Geraghty received a BBA degree in
finance from Iona College and an MBA degree from St. John's
University. He and his wife Carol have two grown children. Mr.
Gingerich, 55, joined May in 1984 as controller for the former
Strouss division in Youngstown, Ohio. In 1986 he was named
controller for Kaufmann's in Pittsburgh, was promoted to senior
vice president of finance in 1990, and was named senior vice
president and assistant to the president of Kaufmann's in 1994. Mr.
Gingerich was named chairman of Kaufmann's in 1999 and became
chairman of the Filene's/Kaufmann's division in 2002. Mr. Gingerich
is originally from Akron, Ohio. He and his wife Nancy have two
grown children. The May Department Stores Company currently
operates 497 department stores under the names of Famous-Barr,
Filene's, Foley's, Hecht's, Kaufmann's, Lord & Taylor, L.S.
Ayres, Marshall Field's, Meier & Frank, Robinsons-May,
Strawbridge's, and The Jones Store, as well as 223 David's Bridal
stores, 457 After Hours Formalwear stores, and 11 Priscilla of
Boston stores in its Bridal Group. May operates in 46 states, the
District of Columbia, and Puerto Rico. Note to Editors: To source
photographs of William K. Gingerich and Michael J. Geraghty, please
see http://www.mayco.com/common/releases/10042004_photos.html For
further information, contact Sharon Bateman at 314-342-6494.
DATASOURCE: The May Department Stores Company CONTACT: Sharon
Bateman, +1-314-342-6494 for The May Department Stores Company
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