The May Department Stores Company Announces The Resignation of Gene S. Kahn

The May Department Stores Company Announces The Resignation of
Gene S. Kahn 


ST. LOUIS, Jan. 14  /PRNewswire-FirstCall/ -- Today Gene S. Kahn announced his
resignation as chairman and chief executive officer of The May Department
Stores Company (NYSE:MAY).  John L. Dunham, current president of May, has been
named by the Board of Directors as acting chairman and chief executive officer
along with his duties as president.

The Board accepted Mr. Kahn's resignation, thanking him for his many years of
service to May and wishing him well for the future.

A search to fill the chief executive officer position will begin immediately
and will include both internal and external candidates.

The Board elected Russell E. Palmer as lead director.  James M. Kilts, also a
director, will chair the search committee.

The May Department Stores Company operates department stores under the names of
Famous-Barr, Filene's, Foley's, Hecht's, Kaufmann's, Lord & Taylor, L.S. Ayres,
Marshall Field's, Meier & Frank, Robinsons-May, Strawbridge's, and The Jones
Store, as well as David's Bridal, After Hours Formalwear, and Priscilla of
Boston in its Bridal Group.  May operates in 46 states, the District of
Columbia, and Puerto Rico.

CONTACT:  Sharon Bateman, 314-342-6494 

DATASOURCE: The May Department Stores Company



CONTACT:  Sharon Bateman of The May Department Stores Company,

[phone]

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