What: A new board for Neiman Marcus.

Why it is important: 7 members, including only one incumbent from the department store world.

Neiman Marcus appointed Pauline Brown as non-executive chair of its board of directors. Brown co-founded Inspire Brands, a restaurant company, in addition to having a track record at Hilton, Expedia, McKinsey and the BCG. He will chair a board composed of:

• Pauline Brown, former LVMH, Estee Lauder and the Carlyle Group
• Pamela Edwards, from CitiTrends and L.Brands
• Kris Miller, coming from Bain and EBay
• Meka Millstone-Shroff, from BuyBaby
• Scott Vogel, managing partner at Vogel Partner
• Geoffroy van Raemdonck, CEO of Neiman Marcus

Neiman Marcus Names Paul Brown Non-Exec Chair