Neiman Marcus Names Donald Grimes COO, CFO

by Harry Sheff

Donald GrimesNeiman Marcus Group has named Donald T. Grimes as its new EVP, chief operating officer and chief financial officer. He succeeds Jim Skinner, who has been named vice chairman, a newly created position.

Grimes comes to Neiman Marcus from Wolverine World Wide where he has been SVP, CFO and treasurer. He resume also includes Keystone Automotive Operations and Brown-Forman Corporation.

“Don is an excellent choice to serve as our new chief operating officer and chief financial officer,” said CEO Karen Katz in a statement. “He brings impressive and extensive leadership experience in operations, strategy and corporate finance, including M&A and international. Along with his vast experience, keen intelligence and ability to produce results, Don brings a balance of pragmatism and creativity — essential qualities for transforming our business and envisioning its future. He will be a great addition and complement to an already accomplished NMG management team.”