Richard Cantrell Marcus, who as the last founding family member to run Dallas-based Neiman Marcus led the company at a time of a major expansion outside Texas, died Saturday at his home in Austin from complications associated with Alzheimer’s disease and Lewy body dementia.
He was 84.
Marcus, the chairman and CEO from 1979 to 1988, was one of only three family members to be the retailer’s chief executive, succeeding his father, Stanley Marcus. The luxury retailer was founded in 1907 by Stanley Marcus’ father, Herbert Marcus Sr., and aunt Carrie Marcus Neiman, along with her husband, A.L. Neiman.