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The Wall Street Journal: Macy’s shakes up management, hires eBay executive

Macy’s Inc. poached a senior eBay Inc. executive and streamlined its top management in an effort to speed up decision-making at the struggling department-store chain.

Hal Lawton, 43, will join Macy’s on Sept. 8 as president, the company said. He will report to Macy’s Chief Executive Jeff Gennette, who had previously held the president’s title. Earlier Monday, eBay EBAY, -1.55% announced Lawton’s resignation as senior vice president, North America.

Macy’s M, +0.21% also restructured its merchandising ranks by consolidating its merchandising, planning and private-label functions into a single unit, resulting in the elimination of about 100 jobs.

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