President and CEO
The Neiman Marcus Group, Inc.
Karen is President and Chief Executive Officer of Neiman Marcus Group, LTD LLC. Founded in 1907 in Dallas, The Neiman Marcus Group is one of the world’s leading omni-channel luxury and fashion retailers known for outstanding customer service. Neiman Marcus Group includes 41 Neiman Marcus stores, Bergdorf Goodman in New York, and the Last Call off-price division, as well as Neiman Marcus Online, the Company’s e-commerce and direct-to-customer business. In 2014, NMG acquired Munich-based luxury and fashion e-commerce retailer, MyTheresa.com. With sales of approximately $5 billion, NMG employs 14,000 associates in stores, divisions and facilities worldwide. The company has embarked on a transformational strategy centered around the customer experience, the store of the future, and technology with a focus on digital e-commerce and marketing. To move the company forward for the next generation of shoppers, Katz’ strategic vision encompasses evolving the service model both in-store and online, while continuing to grow the company’s already-powerful ecommerce business. During her 30-year career with NMG, Karen has held myriad management and leadership positions. She became the company’s CEO in October, 2010.