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Danielle L. Kirgan

Chief Transformation and Human Resources Officer at Macy's
Since 2020
Age
49 years
Education
Earned a Bachelor of Arts in Business Administration from Illinois State University.
Tenure
Joined Macy's in 2017 as Chief Human Resources Officer, served as Chief Transformation Officer from 2020, and transitioned to Chief Corporate Affairs Officer in 2024.

About

Danielle L. Kirgan is a seasoned executive with a strong background in human resources and strategic transformation, currently aged 49.

She began her journey at Macy's in 2017 as a Chief Human Resources Officer and later took on the role of Chief Transformation Officer in 2020, further evolving her career with an appointment in 2024 as Chief Corporate Affairs Officer.

Prior to her tenure at Macy's, she held key leadership roles at prominent organizations such as American Airlines, Darden Restaurants, ACI Worldwide, and Conagra Foods, demonstrating significant expertise in driving organizational change and human capital strategies.

Past Roles

OrganizationRoleDate RangeDetails
Macy's, Inc.Chief Corporate Affairs Officer 2024 Held prior to current role
Macy's, Inc.Chief Transformation Officer 2020 – 2023 N/A
Macy's, Inc.Chief Human Resources Officer 2017 Served prior to current role
American Airlines Group, Inc.Senior Vice President, People 2016 – 2017 N/A
Darden Restaurants, Inc.Chief Human Resources Officer 2015 – 2016 N/A
Darden Restaurants, Inc.Senior Vice President from 2010 N/A
ACI Worldwide, Inc.Vice President, Global Human Resources 2009 N/A
Conagra Foods, Inc.Vice President, Human Resources 2004 – 2008 N/A

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$850,000 Annually Base salary
Stock Awards$1,766,438 Annually Fixed award component
Non-Equity Incentive Plan Compensation$853,910 Annually Guaranteed non-equity incentive
All Other Compensation$18,320 Annually Additional compensation

Performance Compensation

Data from  FY 2024

Annual Incentive Plan

MetricWeightThresholdTargetMaximumIncentive Amount
Total Revenue35% 25% of base salary (payout threshold) 100% of base salary 200% of base salary Threshold: $212,500 \ Target: $850,000 \ Maximum: $1,700,000
Adjusted EBITDA35% 25% of base salary (payout threshold) 100% of base salary 200% of base salary N/A
Omni Net Promoter Score (NPS)30% 25% of base salary (payout threshold) 100% of base salary 200% of base salary N/A
  • Actual Performance (2024): Achieved 100.46% of target.
  • Evaluation: Annual incentive payout is based on performance against preset financial and strategic goals.

Performance-Based Restricted Stock Units (PRSUs)

DetailValue
Grant DateMarch 28, 2024
Target Number of Units45,022 PRSUs
Grant Date Fair Value$866,448
Weighted Average Grant PriceApproximately $19.25 per share
Grant Date Stock Price$19.99 per share
Performance PeriodThree years, ending January 30, 2027
Vesting ConditionBased on rTSR and Adjusted EBITDA Margin targets ranging from 0% to 200% of target

This markdown provides a detailed explanation of Danielle L. Kirgan's performance compensation components for 2024, including both the Annual Incentive Plan and the Performance-Based Restricted Stock Units.