Delivering Good Honors Terry J. Lundgren

Terry J. Lundgren

At its annual gala on Nov. 4 in New York, Delivering Good, known for facilitating product donations from hundreds of companies in the fashion, home and children’s industries, will honor the former Chairman and CEO of Macy’s, Terry Lundgren, with its Lifetime Achievement Award.

“Terry Lundgren’s leadership and generosity are legendary across the retail industry and the world,” says Andrea Weiss, chair of Delivering Good. “His career achievements, as well as his decades-long commitment to philanthropy, the arts, medical research and education, make him an inspiration to so many of us, and we couldn’t be more honored to recognize him this year with our Lifetime Achievement Award.”

Lundgren retired as executive chairman of Macy’s in 2018 after serving as chairman and CEO of the company for 14 years. Lundgren began his career with a division of Federated Department Stores in 1975. In 1988, he joined Neiman Marcus as Executive Vice President before quickly rising to the position of Chairman and CEO. In 1994, Lundgren returned to Federated as Chairman and CEO of the Federated Merchandising Group. He was named President and Chief Merchandising Officer in 1997 and President and Chief Operating Officer in 2003. As CEO of Macy’s, Inc. (known as Federated Department Stores, Inc. prior to June 1, 2007), he led the company’s acquisition of May Department Stores in 2005, doubling the company’s size.

A University of Arizona alumnus, he has also established scholarships for UA students and remained an active member in the community. In 2005, the university’s retailing center was named the Terry J. Lundgren Center for Retailing. He was also named Executive of the Year in 2019.

Lundgren has been honored with multiple retail industry awards, including the National Retail Federation’s Gold Medal Award. He has also been acknowledged for his philanthropic efforts by numerous organizations and charities, including Carnegie Hall, MoMA, BRAG, the Fresh Air Fund, the American Jewish Committee, the Breast Cancer Research Fund, the Ovarian Cancer Society, NOW Legal Defense, Parsons School of Design and the Fashion Institute of Technology.