Intermix has named board member and former President and CEO of Neiman Marcus Group Karen Katz to the position of interim CEO, effective June 7. She will leverage her experience to help advance the omnichannel fashion retailer’s plans for growth and developing a best-in-class customer experience
Katz spent 33 years with Neiman Marcus, including eight as CEO, before retiring in 2018. Her other leadership titles there include EVP of Store Operations, President of Catalog Division, Neiman Marcus Direct and President of NM Stores. She currently serves on the boards of Humana Healthcare, Under Armour and The Real Real and acts as an advisor to a number of startups in the technology, service and product spaces.
Intermix is owned by private equity firm Altamont Capital Partners, which acquired the retailer from Gap in 2021. The brand currently operates 30 brick-and-mortar stores as well as its ecommerce website.
“I am looking forward to partnering with Altamont Capital Partners and this committed Intermix team to continue the momentum and help Intermix deliver the best product and omnichannel experience to its current and future customers,” said Katz in a statement. “In working with many Private Equity firms throughout my career, the team at ACP is completely aligned on our focus in delivering a great customer experience and growing shareholder value.”