Federated Names New Division Principals.CINCINNATI -- Federated Connected and treated as one. See federated database and federated directories. Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Inc. (NYSE NYSE See: New York Stock Exchange :FD)(NYSE Arca For other uses of "ARCA", see ARCA. NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is an entirely online securities exchange on which both stocks and options are traded. :FD) today announced the appointment of two new division principals, effective July 31, 2006: --Amy Hanson, 47, has been named vice chairman for administration of its Minneapolis-based Macy's North division. Since July 2002, Hanson has served as president of The FACS FACS Fellow of the American College of Surgeons. FACS abbr. Fellow of the American College of Surgeons FACS fluorescence-activated cell sorter. Group, Federated's Cincinnati-based Financial, Administrative and Credit Services division. --Michael J. Gatio, 43, replaces Hanson as president of The FACS Group. Currently, Gatio serves as that division's executive vice president for credit operations and marketing. In her new role as vice chairman at Macy's North, Hanson will join Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Frank J. Guzzetta and President and COO Robert M. Soroka as the division's principals. She will be responsible for finance and operations functions at Macy's North. As president of FACS, Gatio will lead the company's credit alliance with Citigroup, telephone customer experience, Star Rewards customer loyalty program and e-commerce customer support. He will report to Federated Vice Chair Tom Cole. David L. Faulk, 51, executive vice president of FACS, will have a dual reporting relationship between FACS and Federated's corporate office. He will continue to be responsible for the FACS division's human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and administration functions, reporting to Gatio. In his role overseeing the administration of benefits, employee services and payroll for Federated, Faulk will now report directly to David W. Clark, Federated senior vice president for human resources. Hanson, a 23-year Federated veteran, joined the company in 1983 and has held positions of increasing responsibility at Federated Corporate and FACS. She joined FACS in 1991 as group manager for planning and receivables before being promoted to senior vice president in 1997 and president of credit services in 2000. She was named the division's president in 2002. Hanson is a native of Ottawa, OH. She and her husband, Frank, and two children will be relocating to Minneapolis. Gatio joined FACS in June 1989 as manager of accounts payable. He became vice president for credit granting in 1994, vice president for FACS South (the division's hub in Clearwater, FL) in 1996 and senior vice president for credit operations in 2000, before rising to his current role as executive vice president for credit and marketing in September 2005. Gatio began his career as a management trainee at GE Capital, where he served in various capacities before joining FACS. Gatio, a native of Cincinnati, lives in Mason, OH, with his wife, Kathy, and three children. Faulk is a 30-year Federated veteran who first joined the company's Lazarus division in May 1976 as a management trainee. He rose through various human resources roles to become Lazarus' operating vice president for remote store human resources in 1983. After serving in senior human resources roles at Federated's corporate office and at its MainStreet, FACS and Federated Systems Group divisions, Faulk was named FACS executive vice president in September 2002. Faulk, a native of Battle Creek Battle Creek, city (1990 pop. 53,540), Calhoun co., S Mich., at the confluence of the Kalamazoo and Battle Creek rivers; settled 1831, inc. as a city 1859. It is an agricultural trade center known for its cereals. , MI, lives in Cincinnati. He and his wife, Kris, have three children. Federated, with corporate offices in Cincinnati and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , is one of the nation's premier retailers, with fiscal 2006 sales expected to be more than $27 billion. Federated operates more than 850 department stores in 45 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Guam and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. under the names of Macy's, Bloomingdale's, Famous-Barr, Filene's, Foley's, Hecht's, Kaufmann's, L.S. Ayres, Marshall Field's, Meier & Frank, Robinsons-May, Strawbridge's and The Jones Store. The company also operates macys.com and Bloomingdale's By Mail. (NOTE: Additional information on Federated, including past news releases, is available at www.fds.com/pressroom) |
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