Neiman Marcus 2009 Annual Report Download - page 56

Table of Contents
Wayne A. Hussey
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.
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Wanda Gierhart
Senior Vice President, Chief Marketing Officer since August 10, 2009. From
2007 to 2009 Ms. Gierhart served as President and Chief Executive Officer
of TravelSmith Outfitters, Inc., a travel apparel and accessory retailer, and
from 2004 to 2006 she served as Executive Vice President, Chief Marketing
and Merchandising Officer of Design Within Reach, a multichannel
furniture retailer. Prior to 2004, she served as Executive Vice President,
Chief Marketing Officer of Limited Brands, Inc. where she was an executive
since 1995.
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See "Item 13. Certain Relationships and Related Transactions, and Director Independence — Related Person Transactions"
below for a discussion of certain arrangements and understandings regarding the nomination and selection of certain of our directors.
CORPORATE GOVERNANCE
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. A Code of Ethics for Financial Professionals has also been adopted 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 without charge 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 may call 1-866-384-4277 toll-free to submit a report. This number is operational 24
hours a day, seven days a week.
Director Independence
Because all of our directors, except Mr. Tansky, who is an employee of the Company, are employees of our Sponsors, none
of our directors can be considered independent under the independence standards of the New York Stock Exchange.
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 2010 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
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