Neiman Marcus Group Inc. has pumped up its board with three new members from different sectors.
This story first appeared in the May 8, 2014 issue of WWD. Subscribe Today.
The members are Adam Brotman, chief digital officer of Starbucks Corp.; Philippe Bourguignon, vice chairman of Revolution Places LLC and chief executive officer of Exclusive Resorts, the destination club specializing in bespoke villa and experiential vacations, and Vivek “Vic” Gundotra, who most recently served as senior vice president, social for Google.
“We are pleased to welcome Adam, Philippe, and Vic to our board,” said Karen Katz, president and chief executive officer of Neiman Marcus Group. “We are looking forward to working with them as we continue our mission to be the world’s largest multibranded omnichannel luxury retailer in the world known for unparalleled customer service.”
“Adam, Philippe and Vic bring to our board many years of collective experience in serving the luxury customer and in growing businesses through digital and international strategies — all of which are key areas in which we are looking to accelerate growth,” said David Kaplan, cofounder and senior partner at Ares Management and chairman of Neiman Marcus Group. “Our new board members are extraordinary assets to the company, and we look forward to leveraging their expertise and unique perspectives.”
Of late, Nora Aufreiter, most recently a director at McKinsey & Co. where she led the omnichannel, branding and retail practices, and Norman Axelrod, an operating advisor to Ares’ private equity group, who has served on many of the boards for Ares’ investments in the consumer and retail sector, were also named to the NMG board.
Last September, Neiman Marcus Group was sold for $6 billion to Ares, a Los Angeles-based investment firm, and the Canada Pension Plan Investment Board.
The board also includes Katz, Scott Nishi of NMG, Adam Stein of Ares and Shane Feeney of CPPIB.