Allen Questrom Explained

Allen Questrom
Birth Name:Allen Irving Questrom
Birth Date:13 April 1941
Birth Place:Newton, Massachusetts, U.S.
Alma Mater:Boston University (BSBA)

Allen Irving Questrom (born April 13, 1941) is a retired American retailing executive and philanthropist. He has served as the CEO of Federated Department Stores (Macy's), Neiman Marcus, Barneys New York, and JCPenney.[1] He is also a Senior Advisor for Lee Equity Partners, LLC.

In 1964, Questrom graduated from Boston University (BU).

The following year, he joined Abraham & Straus as an executive trainee, eventually rising to merchandising manager. After eight years at A, & S., Allen joined Bullock's in 1973, spending five years there as vice president and general merchandise manager and later as executive vice president.[2]

In 1978, Allen became president of Rich's.

In February 1980, Questrom was named chairman and chief executive officer of Rich's, succeeding Joel Goldberg.[3]

Questrom resigned from Rich's for personal reasons in January 1984, and was succeeded as chairman and chief executive by president James M. Zimmerman.[4] [5] After spending the next several months traveling the world, Questrom was named chairman and chief executive officer of Bullock's in August 1984, succeeding Franklin Simon.[6]

Boston University's business school is named after him.

See also

Notes and References

  1. Web site: Allen I. Questrom: Executive Profile & Biography - Bloomberg. www.bloomberg.com. 2017-02-22.
  2. News: Federated Officer Returns to the Fold. 2 August 1984. The New York Times. .
  3. News: Chairman Is Named At Rich's. Sloane. Leonard. 20 February 1980. New York Times. .
  4. News: Federated Stores Sets Management Changes At Retail Divisions. 4 January 1984. The Wall Street Journal. .
  5. News: Chairman of Rich's Takes a 'Sabbatical'. 5 January 1984. The New York Times. .
  6. News: Federated Department Stores Taps Questrom to Head Unit. 2 August 1984. The Wall Street Journal. .