Richard Baker Exiting Saks Global as Bankruptcy Looms: Sources
Yahoo Finance·2026-01-11 05:29
With Saks Global nearing bankruptcy with a filing expected by midweek, attention is turning to who will be in charge as the parent of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman goes through its restructuring. Richard Baker, executive chairman of Saks Global, who took over as chief executive officer earlier this month upon the departure of Marc Metrick, is said to be leaving the company along with Ian Putnam, president, along with “everyone else who was in Baker’s camp,” one source said. Baker c ...