Richard Baker appointed Saks Global CEO as Marc Metrick steps down

Core Insights - Marc Metrick has stepped down as CEO of Saks Global after nearly 30 years, seeking new opportunities [1][2] - Richard Baker has been appointed as the new CEO, tasked with overseeing luxury retail operations and guiding the company's transformation [2][3] Company Overview - Saks Global operates several luxury retail brands, including Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call, and Horchow [3][4] - The company has a portfolio that includes 70 full-line luxury locations, off-price stores, and five separate e-commerce platforms [4]