Neiman Marcus Group (NMG) announced three executive appointments and role expansions to support the luxury retailer’s continued transformation.
“Finding and developing key talent at NMG is critical to support our growth,” said Geoffroy van Raemdonck, Chief Executive Officer, Neiman Marcus Group. “Having the right leaders in place to lead the strategy, provide governance over our culture, and amplify all of this great work through communications will ensure our organization continues to strategically transform for the better, the NMG|Way, to deliver profitable and sustainable growth.”
Natalie Lockhart has been named senior vice president, Strategy & Execution, responsible for coordinating the retailer’s growth roadmap. In this role, Lockhart now serves as a member of NMG’s Group leadership team and leads the retailer’s newly created Growth Execution Office, which coordinates the strategy and execution of the program and initiatives. This team is comprised of three functions – Corporate Strategy to drive analytics to support strategic decisions, Execution Management to lead the roll-out of this work and drive implementation across the organization and Change Enablement to develop a change strategy and amplify key initiatives.
As NMG continues to take action to support this growth, it is focused on ensuring the work is done in the right way aligning with the integrated luxury retailer’s culture, NMG|Way. Chris Demuth has been promoted to senior vice president, People Services, ESG, Belonging & Corporate Philanthropy. In this expanded role, Demuth will provide governance over the company’s culture with Eric Severson, executive vice president, chief people & belonging officer.
To amplify the initiatives that support NMG’s growth roadmap and its NMG|Way culture, Tiffin Jernstedt was appointed senior vice president, chief communications officer. Jernstedt officially joins NMG with over 15 years of experience leading global fashion and lifestyle brands communications having previously served in leadership roles at PVH, Tommy Hilfiger, Calvin Klein, and Ralph Lauren. Jernstedt reports to Van Raemdonck and Severson and joins the company’s Group Leadership Team. She will be responsible for NMG’s company initiatives, engaging its employees, shaping NMG|Way, and amplifying the organization’s external reputation to key stakeholders.
“I am confident that with these three leaders and their impressive backgrounds and experience, we will achieve the goals outlined in our growth roadmap and make life extraordinary for our customers and associates,” said Eric Severson, chief people & belonging officer, NMG. “Our NMG|Way culture will drive this work and serve as the standard we hold ourselves to achieve our goals the right way.”
Photo courtesy NMG
