Macy’s is demanding its executives return bonuses they received last year that were linked to an accounting scandal caused by a rogue employee, the company said in a filing on Monday. The ...

Macy's overpaid an undisclosed number of executives by $609,613 and wants the money back now. ... The clawback comes as Macy’s is closing 150 underperforming stores by 2027.

CINCINNATI - Macy’s Inc. will welcome its newest president with more than $22 million in cash and stock awards, according to a securities filing Monday. Hal Lawton, 43, was lured away from eBay ...

Macy’s Inc. is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay.

Clawback provisions have to be drafted with extreme care and avoid some common pitfalls that may enable the executive to wiggle out from under the penalty. The terms of bonus clawback provisions ...