Myron E. Ullman
Mike Ullman | |
|---|---|
| Born | Myron Edward Ullman III 26 November 1946 Youngstown, Ohio, U.S. |
| Died | 6 August 2024 (aged 77) Montrose, Colorado or Grand Junction, Colorado, U.S. |
| Other names | Mike Ullman |
| Occupation | Business executive |
| Years active | 1969–2021 |
| Known for | CEO of Macy's; Chairman and CEO of J. C. Penney; Chairman of Starbucks Corporation; Chair of Mercy Ships |
Myron Edward "Mike" Ullman III (November 26, 1946 – August 6, 2024) was a prominent American executive recognized for his leadership roles at Macy's and his two separate tenures as chairman and CEO of J. C. Penney.[1][2] Ullman initially held the CEO position at Penney's from December 2004 until October 2011, after which Ron Johnson took over. He returned to helm the company again from April 2013 through July 2015 before resigning.Cite error: The opening <ref> tag is malformed or has a bad nameCite error: The opening <ref> tag is malformed or has a bad name
Background
Ullman was born on November 26, 1946, in Youngstown, OhioCite error: The opening <ref> tag is malformed or has a bad name and was raised in Canfield, Ohio alongside six siblings.[3][4] He completed his studies at the University of Cincinnati in 1969 and that same year married Cathy Emons; together they had six children.[3]Cite error: The opening <ref> tag is malformed or has a bad name
Career
Beginning his professional journey at IBM, Ullman later took on the role of vice president for business affairs at the University of Cincinnati. During the 1980s, he held positions with Federated Department Stores as well as Hong Kong-based Wharf Holdings.
Between 1981 and 1982, he was appointed a White House Fellow within the Office of the United States Trade Representative.
In 1988, Ullman joined Macy's, ascending to CEO from 1992 to 1995. Following this period, he contributed to DFS Group amid its acquisition by LVMH. Later, as head of J. C. Penney, he aimed to reposition the retailer by integrating more upscale merchandise.
On June 26, 2018, Ullman took over from Howard Schultz as Chairman of Starbucks Corporation, a role he maintained until 2021.
His commitment extended to nonprofit leadership; notably, he chaired Mercy Ships from 2001 through 2021 and was instrumental as a founding board member of Hong Kong’s foster care organization, Mother's Choice.
Health and death
Ullman contended with a degenerative neurological condition that affected his mobility, for which he adapted by utilizing a Segway.
He passed away on August 6, 2024, aged 77, due to complications related to cancer and Alzheimer's disease. Accounts differ regarding whether his death occurred at his residence in Montrose, Colorado or within a hospice facility in Grand Junction, Colorado.
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