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Richard Baker named CEO of Saks Global as Marc Metrick steps down

The rumors surrounding a potential CEO exit at Saks Global have been confirmed. Richard Baker, the company’s Executive Chairman, has assumed the role of Chief Executive Officer while retaining his chairman duties, the company announced on Friday. Marc Metrick, who had led the luxury retail group as CEO, is stepping down after nearly three...

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Marigay Mckee out, Marc Metrick in as president of Saks

In an unexpected turn of events, Marigay Mckee has left her position as president of Saks Fifth Avenue. Mckee, who is famous for turning iconic London department store Harrod’s into the luxury star it is today, was hired by Saks in late 2013 in hopes that she would be able to turn around the underperforming retailer. Well, after just 15 months...

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