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11/29/2021

Neiman Marcus Group Announces Three Key Executive Appointments

Neiman Marcus Group (NMG) has made three major executive appointments as it continues to reimagine its culture to reflect a more modern growth mindset.

"Finding and developing key talent at NMG is critical to support our growth," said Geoffroy van Raemdonck, CEO, 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."

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Tiffin Jernstedt et al. posing for the camera
Left to right: Natalie Lockhart, Chris Demuth, and Tiffin Jernstedt.

Natalie Lockhart has been named senior vice president, strategy and execution, and will be responsible for coordinating all aspects of the luxury retailer's growth roadmap. In this role, Lockhart will serve as a member of NMG's group leadership team and lead the newly created growth execution office, which coordinates the strategy and execution of the program and initiatives that support the company's growth work.

This group leadership team is comprised of three functions:

  1. Corporate strategy to drive analytics to support strategic decisions
  2. Execution management to lead the roll-out of this work and drive implementation across the organization
  3. Change enablement to develop a change strategy and amplify key initiatives

Chris Demuth has been elevated to senior vice president, people services, ESG, belonging and corporate philanthropy. In this expanded role, she will provide governance over the company's culture alongside Eric Severson, EVP, chief people and belonging officer.

Tiffin Jernstedt has been named senior vice president, chief communications officer. Jernstedt joins NMG with more than 15 years of experience leading global fashion and lifestyle brands communications. She previously served in leadership roles at PVH, Tommy Hilfiger, Calvin Klein, and Ralph Lauren.

Jernstedt will join the organization's group leadership team. She will be fully embedded in all aspects of the business to storytell NMG's company initiatives, engage associates, shape NMG|Way, and amplify 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 and belonging officer, Neiman Marcus Group. "Our NMG|Way culture will drive this work and serve as the standard we hold ourselves to achieve our goals the right way."