Marc Metrick Exits After Decades with Saks Global; Richard Baker Takes Over as Dual Executive

Saks Global has announced significant leadership changes as Marc Metrick, who has spent nearly three decades with the luxury retailer, is transitioning out of his Chief Executive Officer position. The storied retail executive is moving on to explore fresh opportunities beyond his long tenure at the company, marking a major shift in the organization’s senior management structure.

Leadership Continuity Under Richard Baker

In response to this transition, Richard Baker, the company’s Executive Chairman, is stepping into the Chief Executive role while maintaining his existing position. This dual appointment reflects the board’s confidence in Baker’s vision and strategic direction for the company. Baker brings extensive experience navigating the luxury retail landscape and is well-positioned to lead the organization through its next phase of evolution.

Advancing the Luxury Experience Strategy

Under Baker’s expanded leadership, Saks Global is intensifying its focus on delivering premium customer experiences and highly personalized service offerings. The company aims to strengthen its market position by catering to the sophisticated demands of affluent consumers who increasingly expect curated selections, elevated brand interactions, and tailored purchasing journeys. Baker’s strategic priorities will center on advancing the company’s transformation initiatives and ensuring that Saks Global remains a destination of choice in the competitive luxury retail sector.

The transition signals confidence in the company’s strategic direction as it continues to adapt to evolving consumer preferences in the high-end retail market.