Terry Lundgren has been chairman, president and chief executive officer of Macy's, Inc., since January 2004. Prior to this, he served as president and chief executive officer, a title he assumed in February 2003 after having served as president and chief operating officer as well as president and chief merchandising officer. Lundgren began his retailing career in 1975 as a trainee with Bullock's, a Los Angeles-based division of Federated. He held positions of increasing responsibility over the next decade in buying, store management, human resources and senior-level store management, as well as serving as the division's director of stores. Lundgren was named senior vice president and general merchandising manager of Bullock's in 1984. In 1987, he was named president and chief executive officer of Bullocks Wilshire, then an upscale chain of specialty department stores owned by Federated.