The retailer asserts it overpaid executives after an accounting error led to an overstatement of 2023 EBITDA by $81 million, ...

Macy’s is clawing back over $600,000 in executive bonus compensation after determining its previously reported $151 million accounting error led to overinflated pay ...

Three suspects, including two former University of Fort Hare executives, have been arrested for allegedly orchestrating a R2.4 million fraud scheme that siphoned funds from the institution through ...

Both the clawbacks and the leadership shifts come just over four months after Macy’s reported an individual employee had intentionally made “erroneous accounting accrual entries” which hid over $100 ...

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.

Some Macy's executives have to pay back bonuses as a result of an accounting scandal. Macy's overstated one of its earnings metrics in 2023, leading to the inflated bonuses. The executives owe ...

Macy’s (M) is clawing back over $600,000 in cash bonuses from executives following an accounting scandal that led to inflated pay, Bloomberg’s ...

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

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