What: Macy’s announced the appointment of Marie Chandoha, former president and chief executive officer of Charles Schwab Investment Management, and Jill Granoff, managing partner of Eurazeo and chief executive officer of Eurazeo’s Brands division, to its board of directors.

Why is it important: Chandoha brings more than 35 years in financial services and investment management spaces. She led Charles Schwab Investment Management’s product and digital transformation, building a high-performing organization and doubling the firm’s assets under management.

Granoff brings 30 years of deep leadership experience building and growing consumer-driven companies with expertise as a strategist and brand builder in the retail, beauty and fashion industries. In her roles at Eurazeo, she is responsible for leading investment activities and overseeing the performance of the firm’s Brands portfolio globally.

With the addition of Chandoha and Granoff, Macy’s board will comprise 14 members.

Macy’s adds Jill Granoff and Marie Chandoha to the board of directors

Macy’s adds Jill Granoff and Marie Chandoha to the board of directors