Home breadcru News breadcru Retail/Chain Stores breadcru Federated Department Stores elects Karen Hoguet as Executive Vice President/CFO

Federated Department Stores elects Karen Hoguet as Executive Vice President/CFO

24 May '05
3 min read

Hoguet, who was elected senior vice president/chief financial officer in 1997, has been with Federated since 1982. Upon joining the company from the Boston Consulting Group in Chicago, she served as a senior consultant in marketing and long-range planning from 1982-85, before being named director of capital and business planning. Subsequently, she was named operating vice president of planning and financial analysis in 1987, elected as a corporate vice president in 1988 and as senior vice president of planning in 1991. She added the title of corporate treasurer a year later.

A native of Cincinnati and a Phi Beta Kappa graduate of Brown University, Hoguet received a master's degree in business administration from Harvard University in 1980. She and her husband, David, have two daughters.

Tysoe, 52, has been a vice chairman of Federated since 1990 and has been a member of the company's board of directors since 1988. Tysoe also served as Federated's chief financial officer from 1990-1997.

Federated, with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales of more than $15.6 billion. Federated operates more than 450 stores in 34 states, Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company also operates macys.com and Bloomingdale's By Mail. www.fds.comso so operates macys.com and Bloomingdale's By Mail. www.fds.com

Federated Department Stores Inc

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!