SEATTLE, Oct. 24, 2016 /PRNewswire/ -- Nordstrom
announced today that Executive Vice President and Chief Financial
Officer Mike Koppel has shared his
plans to retire from the company in spring 2017. Koppel will remain
in his role until then to support the search for a new CFO and
assist with his successor's transition. Koppel joined Nordstrom in
1999 and has been the company's Chief Financial Officer since
2001.
"We are extremely grateful for all of the contributions Mike has
made over his 17 years as a leader at Nordstrom," said Blake Nordstrom, co-president of Nordstrom, Inc.
"Mike has played an integral role in our company's story, helping
guide us through significant periods of expansion, growth and
investment. He has provided our company with tremendous knowledge
and strategic financial expertise that has always been grounded
with an unwavering focus on taking care of the customer. He will be
sorely missed and we wish him the absolute best in his
well-deserved retirement."
About Nordstrom
Nordstrom, Inc. is a leading
fashion specialty retailer based in the U.S. Founded in 1901 as a
shoe store in Seattle, today Nordstrom operates 346
stores in 40 states and Canada. Customers are served at
123 Nordstrom stores in the U.S. and Canada; 213
Nordstrom Rack stores; two Jeffrey boutiques; and two
clearance stores. Additionally, customers are served online through
Nordstrom.com, Nordstromrack.com and HauteLook. The company
also owns Trunk Club, a personalized clothing service serving
customers online at TrunkClub.com and its six clubhouses.
Nordstrom, Inc.'s common stock is publicly traded on
the NYSE under the symbol JWN.
INVESTOR
CONTACT:
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Trina
Schurman
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Nordstrom,
Inc.
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(206)
303-6503
|
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MEDIA
CONTACT:
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Tara
Darrow
|
|
Nordstrom,
Inc.
|
|
(206)
303-3016
|
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SOURCE Nordstrom, Inc.