Doug Sesler is responsible for the real estate holdings of Macy’s, including overall strategy to enhance real estate value and shareholder returns. He has been involved in the real estate advisory, investing, finance and restructuring business for over 30 years. Prior to joining Macy’s in 2016, he has consulted on strategic and operational matters for several parties, including iStar Financial and Lehman Brothers, Bentall Kennedy and Clarion Partners. Prior to this, he was the global head of real estate principal investments at Bank America Merrill Lynch where he managed an $8 billion portfolio of opportunistic real estate for the firm's balance sheet and for third party fund investors. After the Bank of America acquisition of Merrill Lynch, Mr. Sesler orchestrated a wind down of the business and its 140-person team. Prior to this, Mr. Sesler was the co-head of Merrill Lynch's global real estate investment banking unit and was a Managing Director in the real estate investment banking unit at Citigroup. During his career, he was responsible for numerous M&A transactions, IPO's, and capital raising efforts (both debt and equity). Notable assignments include: a duel IPO and M&A strategy resulting in an ultimate sale of the $18-billlion Archstone multifamily platform, the sole representation of Equity Office Properties in its sale to Blackstone (at $40 billion, the largest privatization in history, at the time), numerous acquisitions on behalf of New Plan Realty and Brookfield Properties and IPO's for DLF (India's largest real estate company), Digital Realty and Douglas Emmett. Mr. Sesler’s early career included positions at Chemical Bank and Travelers Insurance as a lender, equity investor and restructuring specialist. Mr. Sesler has been a member of The Real Estate Roundtable, The Urban Land Institute, NAREIT, and the ICSC. Mr. Sesler is a graduate of Cornell University.