Radar: Neiman Marcus’ Burt Tansky Bids Adieu

After “one hell of a ride,” Burt Tansky is hanging up his coat as chairman and chief executive officer of the Neiman Marcus Group. After 50 years in the business, Tansky plans to retire on Oct. 6. During the first of many fancy goodbyes parties, he told the 300 fashionable attendees – including Marvin Traub, Ira Neimark, Philip Miller, Barry Schwartz and Howard Socol – on Wednesday that he would remember them fondly.

“(It was) a privilege to work with you, to build businesses and to take your markdown money,” said Tansky, who hopes to now spend more quality time with his wife, according to WWD.

His colleagues and friends shared warm remembrances of the time they had shared. “Burt has made us better business people, but more importantly, he’s made us better people,” Jim Gold, president of Neiman Marcus Group specialty retail, said, reported WWD.

Karen Katz has been named Tansky’s successor.

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