2010 April 27

Burton Tansky Leaves Neiman Marcus

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Burton Tansky with Bergdorf Goodman's Roopal Patel Burton Tansky with Bergdorf Goodman's Roopal Patel
NEIL RASMUS/patrickmcmullan.com
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(NEW YORK) Burton M. Tansky, longtime president and chief executive officer of Neiman Marcus, Inc., announced today that he would step down from his position, retiring on October 6 of this year. His successor will be Karen Katz, currently the president and CEO of Neiman Marcus Stores and executive vice president of The Neiman Marcus Group. Tansky will remain chairman of the company, though other shifts are in order: chief financial officer James Skinner will add the title of chief operating officer. In addition, Jim Gold, president and ceo of the Bergdorf Goodman division, has been named to the newly-created position of president of specialty retail; he will relocate to Dallas. In that capacity, Gold will oversee the merchandising and store operations for Neiman Marcus full-line stores in addition to Bergdorf Goodman.

Tansky joined Neiman Marcus in 1989 and has served as its chief executive since 2001. Last month, the company reported second-quarter profit of $3.96 million on sales of $1.1 billion.
EMILY GYBEN



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