Neiman Marcus CEO Burt Tansky Will Retire This Yea
 

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News,Police Sunglasses, The Business Neiman Marcus CEO Burt Tansky Will Retire This Year By Lauren Sherman Tuesday,Prada Sunglasses, Apr 27,MBL Jerseys, 2010 / 10:49 AM GMT -5
The world of luxury retail changed forever last night when Neiman Marcus announced group CEO Burt Tansky would retire in October 2010.
Tansky,cheap converse shoes, at the helm since 2001,Baseball Jerseys, is 72 and has been with the company since 1989. He’ll be succeeded by Karen W. Katz,converse all star, who is currently president and CEO of Neiman Marcus.
A little explanation of the company’s structure: The group consists of both Neiman’s and Bergdorf Goodman,Dior Sunglasses, which is currently run by James J. Gold,oakley sunglasses, who has been promoted to President of Specialty Retail,Fendi Sunglasses, a new position. Gold will be responsible for merchandising and operations for the 41 Neiman Marcus stores as well as Bergdorf’s.
While Tansky’s retirement is anything but shocking,Chanel Sunglasses, in some ways it still marks “an end of an era.”
The company,red bull hats, owned by private equity firms Warburg Pincus and TPG Capital (formerly known as Texas Pacific Group) since 2005,Armani Sunglasses, has proved stable in a sea of unstable department stores,Oakley Sunglasses, much to the credit of Tansky. There’s no doubting these firms want to eventually take Neiman’s public,Ray Ban Sunglasses, and Katz,NHL Jerseys, whose worked for the company since 1985,converse shoes, is most likely the best person to lead it through an IPO.