Burton Tansky, long the face of The Neiman Marcus Group, will retire as president/CEO of the Dallas-based chain this October, and will be replaced by Karen W. Katz, currently president/CEO of Neiman
Marcus Stores, and EVP of the Neiman Marcus Group.
Tansky, 72, has been with the upscale Dallas-based retailer since 1989, when he joined as head of its Bergdorf Goodman unit; Katz has been
with the company since 1985. Tansky will assume the role of non-executive chairman of the board.--Sarah Mahoney