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Neiman Marcus BOD Paul Brown Serve Non-Executive

Published: December 10, 2020
Author: Ssmundra2612

Neiman Marcus has appointed Paul Brown to serve as non-executive chair of its board of directors, effective December 7, 2020. Brown currently serves as co-founder and chief executive officer of Inspire Brands, one of the larger restaurant companies in the US. Neiman Marcus has been the premier destination for luxury fashion and goods, superior service.

Brown’s numerous leadership roles span 20 years at Inspire, Hilton, Expedia, McKinsey and company, and Boston consulting group and make him uniquely qualified in guiding transformative initiatives, leading successful customer loyalty programmes, and driving e-commerce and digital platforms, the company said in a press release.

Brown is currently a member of the board of directors of H&R Block and Focus Brands, and actively supports his community serving on several non-profit boards, including Children’s Healthcare of Atlanta and the Georgia Tech Foundation. Brown is the seventh member of the company’s recently constituted diverse and majority female board of directors.

In 2018, Brown co-founded Inspire Brands, a multi-brand restaurant company currently generating more than $14 billion in annual sales whose portfolio includes more than 11,000 Arby’s, Buffalo Wild Wings, SONIC Drive-In, Rusty Taco, and Jimmy John’s locations worldwide. On October 30, 2020, Inspire announced it was acquiring Dunkin’ Brands in a transaction that is expected to close this month.

“We are thrilled to welcome Brown to our board of directors. He has deep expertise in brand management and consumer loyalty strategies. His track record of leading transformation and innovation for consumer-driven companies will deliver incredible value for Neiman Marcus as we build on our strong foundation and accelerate our strategy to become the preeminent luxury customer platform. Brown’s diverse perspectives support our company’s continued passion for creating magic for our customers, delivering value to our brand partners, and evolving the luxury retail experience,” Geoffroy van Raemdonck, chief executive officer of Neiman Marcus said.

“I am honoured to join as chair of the Neiman Marcus board of directors. Neiman Marcus brands are poised for a strong future, and I’m excited to join the board at this important moment in time as the company sets its sights on being the preeminent luxury customer platform. I’m looking forward to working with the Board and leadership team to help realise this vision,” Brown said.

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