Marc Metrick news and archive

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...

People

Saks Global CEO reportedly due to step down

Marc Metrick, the chief executive officer of luxury retail group Saks Global, is believed to be preparing to exit the company. This is according to multiple sources for Puck News, which noted that Metrick had declined to comment on the matter. A source close to Saks Global told Puck that Metrick currently remains employed by the company. If...

People

Saks Fifth Avenue President Marc Metrick expands his leadership role

Hudson's Bay Company (HBC) has announced that Marc Metrick, President of Saks Fifth Avenue, will expand his leadership role to include Gilt and Saks OFF 5TH. In this capacity, the company said, Metrick will lead distinct teams and work to ensure that each business remains well positioned to execute within their respective operating structures....