A pedestrian passes in front of the Saks Fifth Avenue Inc. women's store at Brookfield Place in New York, U.S.Saks Global named a new CEO on Friday as the retailer is reportedly on the cusp of filing for bankruptcy protection.The parent of high-end department store chain Saks Fifth Avenue, which is privately held, will now be led by Richard Baker, the company's executive chairman, Saks said in a news release. He will continue to hold the executive chairman role.With the shakeup, three-decade long Saks execu ...