Neiman Marcus Group’s Karen Katz is retiring from the role of president and CEO, effective February 12, 2018, and Geoffroy van Raemdonck has been appointed CEO.
Katz will continue to serve on the company’s board of directors and will work with van Raemdonck in the transition process. Prior to joining Neiman Marcus, van Raemdonck was group president for EMEA and global travel retail at Ralph Lauren.
“As CEO, Karen helped establish Neiman Marcus as a digital leader in luxury fashion and retail and put the company on a path for long-term growth. We are extremely grateful for her vision and significant contributions, which have spanned over 30 years at the company, including the last seven as CEO, and look forward to continuing our work together on the board,” said David Kaplan, Neiman Marcus chairman. “We are thrilled to welcome Geoffroy to Neiman Marcus and look forward to extending the company’s positive momentum under his leadership. He is a global industry leader and business builder with exceptional vision and energy. The entire board is confident that Geoffroy’s leadership will add significant value to the company, our partners and our customers.”