Recommendations and feedback from cross functional partners, reports and supervisors.

1. David Altman
Select Supervisor Feedback & Peer Recommendations
“(David’s) strategy building, merchandising and marketing (skills) have allowed VS Direct to become a
player in the beauty business, both catalog and online. (His) leadership has allowed us to get to market very
quickly and engage many cross-functional teams. In addition to driving a start-up encompassing
merchandising, creative, online and marketing, (He) has built a strong team. (He) also created strong market
relationships with a position of strength for Limited Brands. Your contributions are many. You are a great
partner. I look forward to our ongoing work together.
Chief Executive Officer, Victoria’s Secret Direct. Direct supervisor to David at Victoria’s Secret Direct
“David is respected by his team. This respect translates into the ability to take them in any direction he desires.
He spends time working with and developing his people. His people appreciate this and repay him with loyalty
and devotion. They will do anything for David. David’s communication skills outside of his division are excellent, He
is clear and concise. His communication outreach has established familiarity and respect with everyone in the
organization. David identifies and hires excellent people. (He) is honest with himself and others
about their strengths and weaknesses…and promotes people who are deserving. David can quickly and
accurately look at any situation. This ability is a tremendous plus because it enables (him) to size up
opportunities and problems and react. “
President & Chief Executive Officer, Neiman Marcus Direct. Direct supervisor to David at Neiman Marcus Direct
“David stands out in the marketplace, with a proven track record of building businesses...making small big and big
bigger. He drives initiatives with a power duo of enthusiasm and expertise that motivates his team to push for
unprecedented results, and love it every step of the way!! David’s strategic vision makes him an excellent business
leader, comfortable operating across multiple functional areas, with a focus on his team, his customer and
driving profitable sustainable growth through the multichannel markets.”
Associate Vice President, Victoria’s Secret Direct. Worked indirectly for David at Bath & Body Works
“David is a visionary whose progressive approach to Internet marketing and open dialogue with colleagues are
inspirational. He has clear, focused ideas, but always allows for creative flexibility. He is a pleasure to work with.”
Copywriter, Bath & Body Works. Worked directly with David at Bath & Body Works Direct

2. David Altman
Select Supervisor Feedback & Peer Recommendations
“David understands how to create an integrated brand experience in the media, online, and in-store.
Even more important, he can actually execute the vision creating long term value. He is a rare combination that
knows both the creative/artistic as well as scientific/statical aspects of brand building and retailing. He is also a pleasure
to work with and a great partner.”
Vice President, Allegiance Capital. A consultant to David at MarketShare Advisors
“David brought new strategic vision, processes and structure to Bath & Body Works Direct. He has a passion for
building a positive culture, and bringing out the best in employees. In addition to his leadership skills, David is also an
experienced and gifted retail merchant (both online and store channels) who brings a customer-focused mentality
without losing sight of the bottom line.”
Manager, Web Operations, Bath & Body Works. Reported indirectly to David at Bath & Body Works Direct
“David’s vast knowledge of the industry and passion for what he does makes him a very dynamic leader. He is very
collaborative and gains insight and opinions from everyone on the team when making decisions. He is a very genuine
and sincere leader that cares not only about the business but also each member of the team.”
Brand Manager, Internet Services, Bath and Body Works Direct. Worked indirectly for David at Bath & Body Works Direct
“Working for David was a great opportunity for me. David is a strong and visionary leader. His common sense
approach to business is refreshing and creates an atmosphere of inclusion for all who work with him at every level.
David is always open to business getting ideas which is why his businesses consistently outpace the industry
standard”
Manager, Direct Merchandising, Bath & Body Works Direct. Reported indirectly to David at Bath & Body Works Direct
“David encourages thinking outside the box and excels in driving for results. He is passionate about everything he
does and his drive inspires those around him to give 110%.” May 3, 2009
Buyer, Victoria's Secret Direct. Reported directly to David at Victoria's Secret Direct

3. David Altman
Select Supervisor Feedback & Peer Recommendations
“Under David’s leadership BBW Direct had a very strong Fall and is on its way to having an equally strong Spring. David
is a very creative merchant entrepreneur who actively builds his business.“
Executive Vice President, Chief Financial Officer, Victoria’s Secret Direct. Direct supervisor to David at Bath & Body Works Direct
“David is a strong communicator with his merchants, the market and senior management. He is open to feedback
from many sources to uncover the opportunities. Within the first few months of his tenure he has set a new tone for
the division creating a positive work environment and re-energizing the market…making NM a
priority account and a focus. He immediately took the initiative to meet with key business owners throughout the
organization that support his division to hear their input into creative ways to drive his opportunities. In doing
so, he also identified ways to enhance the merchant’s approach…“
Senior Vice President, General Merchandise Manager, Neiman Marcus. Direct supervisor to David at Neiman Marcus.
“David’s strengths are strategic thinking and product knowledge. He sees very well where the
business is, where it’s going and most importantly how to get it there. (He) has been successful at
executing marketing strategies to support the (overall) business strategies. He continually finds ways to add
increases on top of increases to grow the business. David communicates consistently with the stores
and his vendors.”
Senior Vice President, General Merchandising Manager, Neiman Marcus Direct. Direct supervisor to David at Neiman Marcus Direct.
David is a consummate professional who through strong relationship building strategically planned the
continuous growth of our brands at Neiman Marcus. His strategic vision of where our brands fit within the retail
world at NM allowed for team focusing on shaping our brands. He was a pleasure to do business with as he
understood exactly who the customer was that he was targeting products for, making him very successful in
his positions.”
Sales Manager, Orrefors Kosta Boda USA. A vendor partner to David at Neiman Marcus

4. David Altman
Select Supervisor Feedback & Peer Recommendations
“David as my DMM was a clear and focused leader. It was a pleasure being part of his team while at Neiman Marcus.
He was consistently on top of his game. I would enjoy the opportunity to work with him again.”
Product Development Manager, Neiman Marcus. Reported directly to David at Neiman Marcus
“David is an accomplished merchant, whose strength is to build productive and mutually beneficial relationships
with vendors. He has great work ethics and integrity. I have known David for 16 years; we have remained friends, and
we continue supporting each other as friends, but also a former colleague. I recommend David highly, for his talent,
vision, outstanding management skills, creativity and ethics.”
Director of Sales, Lalique North America. A vendor partner to David at Neiman Marcus
“While reporting into David, I found him to be a dynamic leader and a positive role model. He was assiduous and
always seeking out what's next in our successful pursuit of growing the Victoria's Secret Direct Beauty business. His
passion for the business showed in his ability to uncover solutions when met with challenges, in order to
continually keep things moving forward. Aside from his admirable talents and skill set, I truly enjoyed working for David.
He is a compassionate person that is deeply vested in the success of his team.”
Director of Merchandising, Beauty, Victoria's Secret Direct. Reported to David at Victoria's Secret Direct
“David has always been a terrific partner to work with. He has an incredible eye for merchandise and what will
appeal to clients. He is very thorough in his approach and always deliver high standard of excellence and execution
with stores for the vendors. His passion and enthusiasm for brands led him to not only push the stores to execute
merchandising and marketing programs in the best possible way but also to push the vendors in new directions that
appeal to the market. I have the utmost respect for David's work and his merchandising approach and retail expertise.”
May 5, 2009
Director of Sales, Lalique. A vendor partner to David at Neiman Marcus

5. David Altman
Select Supervisor Feedback & Peer Recommendations
“David Altman is a charismatic, supportive and insightful leader. He has high standards for himself as well as his
team. He is always professional and inspires you to want to succeed. David is also a visionary as well as a strategic
risk taker. He has a keen eye for finding the next "big thing". David is not only a leader but also a partner and is
right there beside you when you need his support.”
Director of Merchandising, Accessories and Beauty, Victoria's Secret Direct. Reported to David at Victoria's Secret Direct
“David is a wonderful leader with unmatched passion and enthusiasm. As the General Manager for Bath & Body
Works Direct, I had the opportunity to work for David for a year and a half. His wealth of knowledge in brick and mortar
and ecommerce retail and thought leadership has brought Bath & Body Works to the next level.”
Manager, Direct Merchandising, Bath & Body Works Direct. Reported indirectly to David at Bath & Body Works Direct
“I had the pleasure of working closely with David. He is a supportive partner, always looking for ways to drive for
success with a keen understanding of the competition and an out of the box approach to marketing. He is a great
leader and tremendous team builder.”
Director, Customer Marketing, Limited Brands Worked indirectly for David at Bath & Body Works Direct
“Working for David was a terrific experience. He is an extremely talented and gifted visionary who understands all
aspects of the retail world; merchants, vendors, stores and most importantly-customers. He has a refreshing style of
open-door management that encourages teamwork and makes work both rewarding and productive.”
Merchandise Planner, Neiman Marcus. Reported indirectly to David at Neiman Marcus
“David and I work together at Bath & Body Works. He is a terrific partner and has a wonderful team under his
leadership. In a very short period of time, David and I were able introduce new marketing and branding strategies to the
direct channel that will have long term positive impact to the overall BBW business. I enjoy working with David and will
look for BBW Direct to continue introducing new brand building initiatives to maximize sales as well as, build strong
BBW customer relationships under his direction.”
Director of Marketing, Bath and Body Works. Worked with David at Bath & Body Works Direct

6. David Altman
Select Supervisor Feedback & Peer Recommendations
“David is an excellent merchant, dynamic leader and tastemaker. I worked with David at Neiman Marcus and he was
strategic and results-oriented. He has a great work ethic. He cultivated great relationships with the vendors, which
resulted in many exclusives, events and better terms. He had excellent relationships with the stores and worked with
them to achieve financial goals and inspired them further develop the business. I learned a lot from David and hold him
in high esteem. He's one of the best!”
Department Manager/Associate Buyer Neiman Marcus. Worked indirectly for David at Neiman Marcus
“I had the pleasure of working for David on the newly created Beauty Team at Victoria’s Secret Direct. His knowledge
and passion for the business drove results and encouraged excellence in those who worked for him. Working for
David was a great opportunity for me. David’s work ethic and collaborative approach inspired his team and other
cross-functional partners. He was incredibly supportive of his team both professionally and personally.”
Assistant Buyer, Victoria's Secret Direct. Reported indirectly to David at Victoria's Secret Direct
“As President and CEO of a company, I have met and worked with many wonderful business people. One person in
particular has made an immense impression on me and I would highly recommend David Altman. He is a great
visionary entrepreneur and would be an asset to any company.”
President & Founder, Hampton Sun. Was a vendor partner with David at Victoria's Secret Direct
“It was an honor to work with David. He is an individual of high integrity. During my time reporting to David, he was a
constant source of vision, inspiration and support while continuously presenting the challenge to reach higher goals.
A true leader. He has been missed by many Neiman Marcus colleagues.”
Buyer, Neiman Marcus. Reported directly to David at Neiman Marcus