Nordstrom CFO to Retire in 2017

Mike Koppel has been with the company since 1999

Nordstrom chief financial officer and executive vice president Mike Koppel will retire in the spring of 2017.

He joined the company in 1999 and has been the 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 copresident Blake Nordstrom in a statement. “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.”

Koppel will support the search for a replacement and assist in his successor’s transition.