US' Neiman Marcus announces three new executive appointments

Natalie Lockhart has been named senior vice president, strategy and execution, responsible for coordinating all aspects of the luxury retailer’s growth roadmap. In this role, Lockhart now serves as a member of NMG’s leadership team and leads 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 team comprises 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 organisation, and change enablement to develop a change strategy and amplify key initiatives, NMG said in a press release.

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 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, executive vice president, chief people and belonging officer. The investments the company is making in ESG and Belonging are key components of NMG|Way.

NMG has partnerships with Textile Exchange, Give Back Box, and Fashionphile to support its increased focus on sustainable products and services. The company is also beginning to advance workplace equality by aligning its practices with external standards like Human Rights Campaign’s Corporate Equality Index, which it participated in for the first time earlier this year.

To amplify the initiatives that support NMG’s growth roadmap and its NMG|Way culture, Tiffin Jernstedt has been named senior vice president, chief communications officer. Jernstedt officially joins NMG with over 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 report to van Raemdonck and Severson and will join the organisation’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 organisation’s external reputation to key stakeholders, according to NMG.

“Finding and developing key talent at NMG is critical to support our growth. 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 organisation continues to strategically transform for the better, the NMG|Way, to deliver profitable and sustainable growth,” Geoffroy van Raemdonck, chief executive officer, NMG said in a statement.

“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. Our NMG|Way culture will drive this work and serve as the standard we hold ourselves to achieve our goals the right way,” Eric Severson, chief people and belonging officer, NMG said.

Fibre2Fashion News Desk (GK)