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    Danielle L. Kirgan

    Chief Transformation and Human Resources Officer at Macy's Inc
    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.