Base Salary Schedule for Named Executive Officers for Fiscal Year 2005
This document outlines the base salaries set by the Compensation Committee of the Board of Directors for the company's named executive officers for the 2005 fiscal year. The officers listed include the President and CEO, as well as other key executives overseeing various divisions. The agreement specifies each executive's name, title, and corresponding annual base salary for 2005. There are no additional terms, conditions, or obligations beyond the disclosure of these salary amounts.
Exhibit 10.42 — Base Salaries of the Named Executive Officers for Fiscal Year 2005
The Compensation Committee of the Board of Directors has established the following base salaries for the named executive officers for fiscal year 2005:
| Name and Principal Position |
| Fiscal Year |
| Salary |
| |
| Burton M. Tansky President and Chief Executive Officer |
| 2005 |
| $ | 1,300,000 |
|
|
|
|
|
|
|
| |
| Karen W. Katz President and Chief Executive Officer Neiman Marcus Stores |
| 2005 |
| 715,000 |
| |
|
|
|
|
|
|
| |
| James E. Skinner Senior Vice President and Chief Financial Officer |
| 2005 |
| 510,000 |
| |
|
|
|
|
|
|
| |
| Brendan L. Hoffman President and Chief Executive Officer Neiman Marcus Direct |
| 2005 |
| 440,000 |
| |
|
|
|
|
|
|
| |
| James J. Gold President and Chief Executive Officer Bergdorf Goodman |
| 2005 |
| 400,000 |
| |
