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Macy’s, Inc. Announces Chief Financial Officer Transition

Macy’s, Inc. Announces Chief Financial Officer Transition

Adrian V. Mitchell to become Chief Financial Officer effective November 2, 2020

Felicia Williams, interim Chief Financial Officer, to join CEO Action for Racial Equity as a Macy’s, Inc. Fellow

Macy’s, Inc. (NYSE:M) today announced that Adrian V. Mitchell has been appointed chief financial officer, to take effect November 2, 2020.

Mitchell will be responsible for leading all finance functions including, accounting, treasury, investor relations, internal audit, financial/capital planning & analysis, and procurement. He will report to Jeff Gennette, chairman and chief executive officer of Macy’s, Inc.

“We’re delighted that Adrian is joining Macy’s, Inc. at this crucial time in our company’s journey and look forward to welcoming him on November 2,” said Gennette. “In a retail environment where change is accelerating beyond what we could have imagined a year ago, Adrian’s depth of financial and operational experience, coupled with his leadership in strategy, innovation, and transformation, will help us on our path to emerge a stronger company.”

Mitchell has extensive retail experience and a track record of success in financial, operational and strategy roles. Mitchell joins Macy’s, Inc. from Boston Consulting Group (BCG) where he is a Managing Director and Partner in the Digital BCG and Consumer Practices. Since joining BCG in 2017, Mitchell has led client work with a wide variety of retailers, helping them to solve their toughest challenges in an increasingly competitive and disruptive environment. Working primarily with Fortune 500 companies, his projects included organic and inorganic growth strategy, large-scale operational improvement projects and digital, data & advanced analytics efforts within retail operations across automotive, drugstore, fast food, mass and specialty retail companies.

Prior to joining BCG, Mitchell had wide-ranging retail experiences. This includes serving as Board Director and member of the Audit and Finance Committee at Recreational Equipment, Inc. from 2016 to 2017. He served

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Queensland transition to renewables would generate almost 10,000 jobs, analysis shows

Queensland transition to renewables would generate almost 10,000 jobs, analysis shows

Queensland has the potential to draw all of its electricity from renewable sources in a 15-year transition away from fossil fuels that would generate almost 10,000 jobs, according to analysis commissioned by the Queensland Conservation Council.

Almost 11,000 ongoing jobs would then operate and maintain a suite of energy sources either existing or proposed in the state, including wind and solar and farms, hydro plants and battery projects.

The QCC analysis is timed to energise the state’s election campaign and point candidates and leaders to the huge potential in renewables in the sunshine state.

Queensland’s environment minister, Leeanne Enoch, told an environment forum that a re-elected Palaszczuk government would develop a climate action plan to set out how the state would meet its targets on lowering greenhouse gas emissions up to 2030.

Related: Net zero emissions target for Australia could launch $63bn investment boom

The state government has targets to cut emissions by 30% from 2005 levels by 2030 and have half of the state’s electricity generated from renewables by the same year. The government aims to reach net-zero emissions by 2050.

Guardian Australia has been told by sources familiar with the matter that work on an expected green paper that would have laid out the government’s plans to reach the 2050 target has stopped, and is likely to have been shelved.

Tristan Edis, a renewable energy analyst who was commissioned by QCC to look at existing and planned renewable projects, said the state had “world-class” opportunities in renewables simply because of the amount of sunshine and land available.

“What we see here is that maybe Queenslanders have not been told that they have plenty of potential to generate enough electricity for what they can consume, and then more,” he said. “We really have to start planning out the infrastructure

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