By  on February 9, 2018

As Karen Katz sees it, the time is right for her to retire, with the Neiman Marcus Group on “a much better trajectory” and someone with fresh perspectives taking the reins.

After an impressive 32-year career at the $4.7 billion Dallas-based luxury retailer, rising from an assistant manager of a small Neiman’s store in Houston to divisional merchandise manager, head of stores, head of e-commerce and ultimately president and ceo for the past seven years, her final day running the company is officially Sunday. The grand farewell will be tonight with hundreds of well-wishers expected at The Plaza for her retirement party, though she remains on the board indefinitely.

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