Neiman Marcus 2008 Annual Report Download - page 56

Table of Contents
Maxwell advanced from Chief Information Officer, Director of Management Information Systems for Nissan Motor Acceptance
Corporation to Vice President, Chief Information Officer, Information Systems and eBusiness Strategy for Nissan North America.
Wayne A. Hussey has been Senior Vice President, Properties and Store Development since October 22, 2007. From
May 1999 to October 2007 he served as Senior Vice President, Properties and Store Development of Neiman Marcus Stores.
Code of Ethics
The Board has adopted The Neiman Marcus Group, Inc. Code of Ethics and Conduct which is applicable to all our directors,
officers and employees, as well as a separate Code of Ethics for Financial Professionals that applies to all financial employees
including the Chief Executive Officer, the Chief Financial Officer and the Principal Accounting Officer. Both the Code of Ethics and
Conduct and the Code of Ethics for Financial Professionals may be accessed through our website at www.neimanmarcusgroup.com
under the "Investor Information —Governance Documents" section. Requests for printed copies may be made in writing to The
Neiman Marcus Group, Inc., Attn. Investor Relations, One Marcus Square, 1618 Main Street, Dallas, Texas 75201.
We have established a means for employees, customers, suppliers, or other interested parties to submit confidential and
anonymous reports of suspected or actual violations of the Company's Code of Conduct relating, among other things, to:
• accounting practices, internal accounting controls, or auditing matters and procedures;
• theft or fraud of any amount;
• performance and execution of contracts;
• conflicts of interest;
• violations of securities and antitrust laws; and
• violations of the Foreign Corrupt Practices Act.
Any employee or other interested party can call the following toll-free number to submit a report. This number is operational
24 hours a day, seven days a week: 1-866-384-4277
Board Committees
Our Board of Directors has established an audit committee, a compensation committee, and an executive committee. The
members of our audit committee for fiscal year 2009 were David A. Barr, Carrie Wheeler, and Sidney Lapidus. The audit committee
recommends the annual appointment of auditors with whom the audit committee reviews the scope of audit and non-audit assignments
and related fees, accounting principles we use in financial reporting, internal auditing procedures and the adequacy of our internal
control procedures. The members of our executive committee are Jonathan Coslet, Kewsong Lee, and Burton M. Tansky. The
executive committee manages the affairs of the Company as necessary between meetings of our Board of Directors and acts on
matters that must be dealt with prior to the next scheduled Board meeting. The members of our compensation committee are Jonathan
Coslet, Kewsong Lee, and John Danhakl. The compensation committee reviews and approves the compensation and benefits of our
employees, directors and consultants, administers our employee benefit plans, authorizes and ratifies stock option and/or restricted
stock grants and other incentive arrangements, and authorizes employment and related agreements.
Each of the Sponsors has the right to have at least one of its directors sit on each committee of the Board of Directors, to the
extent permitted by applicable laws and regulations.
Audit Committee Financial Expert
The Board of Directors has determined that David A. Barr, Chairman of the Audit Committee, meets the criteria set forth in
the rules and regulations of the SEC for an "audit committee financial expert." Mr. Barr is an employee of one of our Sponsors so
therefore would not be considered independent under the independence standards of the New York Stock Exchange.
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