Neiman Marcus Continues Hunt For Permanent CFO As Interim Chief Leaves

Seven months after then-CFO Donald Grimes left to join Sally Beauty, Neiman Marcus is still searching for someone to take the position permanently. Michael Fung, who has served as Interim EVP, CFO and COO of Neiman Marcus since November 2016, will depart effective June 30, 2017.

Fung’s planned departure from the company is “not the result of any disagreement regarding any matter related to parent’s or the company’s operations, policies or practices,” according to an SEC filing.

In this most recent role, Fung led the luxury retailer’s finance and accounting departments and directed…