news paper icon

Analyzed News

Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt

Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdorf Goodman. [Source]

Publication Date:

Origin: nytimes.com

Category: Appointments and Executive Changes

Topics: Goodman, Bergdorf, Marcus, Neiman, acquisition, created, retailer, luxury, taking, Baker, Richard, chairman, executive, Global’s, Struggles, Company, Steps

Source: https://www.nytimes.com/2026/01/02/business/saks-ceo-marc-metrick-steps-down.html