DALLAS–Neiman Marcus announced yesterday that Burt Tansky, its chief executive officer, will retire from the position in October.
Karen Katz, head of Neiman Marcus Stores, will succeed Tansky. Katz has been with Neiman Marcus since 1985.
Tansky, who has been the CEO since 2001, will remain non-executive chairman of the board. James Skinner, Neiman Marcus chief financial officer, adds the title of chief operating officer.