Neiman Marcus chief executive officer Karen Katz is retiring from her role. According to sources, Katz, who has held various leadership roles with Neiman Marcus since 1985, will remain on the board of directors. Katz has served as the company’s CEO since 2010. She will be succeeded by former Ralph Lauren executive Geoffroy van Raemdonck. A seasoned retail veteran, van Raemdonck previously held leadership roles at St. John Knits and Louis Vuitton.
Crew Clothing Company
David Butler was appointed as the new CEO of Crew Clothing. Butler joins Crew Clothing from Ecco Europe, where he served as the managing director of its European arm from 2010 to 2016. He succeeds former CEO Louise Barnes, who recently exited the company following a Crew Clothing’s change of ownership.
Destination Maternity updated its CEO transition plan.
The maternity apparel company appointed Melissa Payner-Gregor as interim CEO. Payner-Gregor has served as a director of Destination Maternity’s board for the past nine years. Her resume includes previous stints at Bluefly and Chico’s FAS. She will succeed current CEO Allen Weinstein, who recently announced his retirement from the board. As part of the CEO transition, Destination Maternity is also forming an “office of the CEO” which will include executive vice president and chief administration officer Ronald J. Masciantonio, executive vice president and chief financial officer David Stern and senior vice president of merchandising and design Shelley Liebsch. Destination Maternity is currently working with Kirk Palmer Associates to find a new permanent CEO.
Designer Diane Von Furstenberg has a robust strategic plan under her belt for 2018—including finding a replacement for former chief creative officer Jonathan Saunders. Last month, the designer announced that Saunders had resigned from his roll, which came on the heels of Von Furstenburg’s interest in selling all or part of her business. Succeeding him will be DVF veteran Nathan Jenden, who will serve as the company’s new creative vice president and chief design officer. Von Furstenburg also revealed that former DVF Studio president Paula Sutter will be brought back to the company’s board of directors.
American Textile Company
American Textile Company named Carlo Morgano as its new senor vice president of information technology. In his new role, Morgano will oversee the company’s investment in technology and its information technology strategy. Morgano joins American Textile Company from CIO Ventures, where he recently served as an executive.
Aaron Levant, founder of the Agenda trade show, announced his retirement. In 2003, Levant started Agenda, which highlights the skate, streetwear and surf product categories. When Reed Exhibitions acquired Agenda in 2013, Levant was crucial in growing the trade show and transforming it into a more consumer-oriented exhibition. Levant, who will leave Reed Exhibitions next month, is developing a succession plan for future business growth.
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