Intermix Taps Former Neiman Marcus Chief Karen Katz as Interim CEO

Intermix has tapped board member and former Neiman Marcus Group CEO Karen Katz as its interim CEO, effective June 7. Katz replaces outgoing CEO Jyothi Rao, who has decided to step down after serving in the role since 2014. “It’s been honor to lead the talented team at Intermix for the past eight years,” Rao said in a statement. “I am proud of the brand we have built, one that curates the most exciting mix of established and emerging designers while using our platform to advocate for issues around female empowerment, diversity and inclusion, and sustainability.” Rao said she is “confident” that Katz, along with Altamont Capital Partners (ACP), which bought Intermix from Gap Inc. last year, will “position the brand for success.” Incoming interim chief Katz joined the Intermix board in April and most recently served as president and CEO of Neiman Marcus Group, where she led the company through its digital transformation. After eight years as CEO and 33 years with the company in a variety of positions, she retired in 2018. Katz currently serves on three public company boards: Humana Healthcare, Under Armour, and The Real Real. She also spends time as a board member on privately held consumer company boards and

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