Amanda Martin and Vijay Karthik
Neiman Marcus Group has made two executive moves as it continues to focus on its digital commerce operations.
The luxury department store retailer named Amanda Martin as senior VP, chief supply chain officer. In this new role at NMG, she will take over responsibility for all supply chain operations, including the company’s multi-year supply chain transformation. She will oversee the retailer's photo studio and customer care divisions.
Martin joined NMG in 2017 as VP of operations. Prior to that, she spent nearly 17 years at Target.
In addition, Vijay Karthik has been promoted to senior VP, chief technology officer. Karthik, who joined NMG in 2017, is tasked with driving end-to-end customer-facing IT development and architecture. He will lead a number of functions including omnichannel engineering, cloud platforms, operations and reliability, and architecture.
The retailer also announced long-term investments in its business, including more than $90 million in supply chain to enhance the company's systems and distribution facilities. It also is investing $200 million in technology for priorities including the retailer's Connect platform, the acquisition of Stylyze and new digital labs.
"We are fortunate to have such strong talent at our company that we are able to develop and promote to lead all of the critical growth work we are executing," said Geoffroy van Raemdonck, CEO, Neiman Marcus Group. "I am confident in these leaders' ability to drive results, the NMG|Way, that ladder up to the substantial investments we are making in the business over the next three years."
[Read More: Neiman Marcus Group puts more women in senior VP roles]