Macy’s hires legal chief from HanesBrands

Macy’s has recruited Tracy Preston as chief legal officer (CLO) and corporate secretary, effective January 8.

In her new role, Preston will be responsible for legal affairs, litigation and compliance matters for Macy’s, including employment, real estate, credit, commercial and regulatory issues, enterprise security and internal audit. She will report to Tony Spring, president and CEO-elect.

Preston is joining Macy’s from HanesBrands, where she has been CLO, chief compliance officer (CCO) and corporate secretary since 2021. She previously held the same positions at The Neiman Marcus Group, which she joined in 2013. Before that, she held senior legal positions at Levi Strauss & Co, including chief counsel for the global supply chain, CCO and chief counsel for global human resources and litigation.
 

Before moving to in-house legal roles, Preston was a partner at Orrick and worked at other law firms such as Latham & Watkins, Sedgwick Detert Moran & Arnold and Baker & McKenzie.

Preston will succeed Elisa Garcia as CLO and corporate secretary of Macy’s. Garcia retired earlier this fall, having joined Macy’s in 2016 as CLO. She was previously executive vice president, general counsel and corporate secretary at Office Depot, before which she was executive vice president, general counsel and corporate secretary at Domino’s Pizza.

Spring says in a statement: ‘Tracy is a trusted legal and compliance expert, and I’m delighted to welcome her to our leadership team. For the past three decades, she has counseled global apparel and retail companies on strategic, business, operational and tactical matters, ensuring her experience will be an asset. Importantly, she brings a track record of aligning legal and risk-mitigation approaches with business objectives and brand missions.’