Former Walmart CFO named interim CFO/COO at Neiman Marcus

Neiman Marcus
Neiman Marcus has named Michael Fung as interim CFO and COO.

Michael Fung has been named interim CFO and COO of Neiman Marcus. Fung is on the board of 99 Cents Only Stores, which has common shareholders with the luxury retail chain. He has also served as the interim CFO and treasurer of 99 Cents Only Stores. Fung previously spent 11 years at Walmart, in roles including CFO and senior VP over global procurement and internal audit. (Dallas News)