Saks Fifth Avenue names Marc Metrick as President

By

Obi Anyanwu

Published
Apr 3, 2015

Hudson Bay Company announced on Friday that it has appointed Marc Metrick as the new President of Saks Fifth Avenue, replacing Marigay McKee.

Mr. Metrick spent the first 15 years of his career at Saks Fifth Avenue, ultimately becoming its Chief Strategy Officer before joining the leadership team of HBC in 2012, where he played an instrumental role in the acquisition of Saks Fifth Avenue and has since focused on developing the strategic plan that it is now successfully pursuing to revitalize the business.

That strategy includes elevating the brand experience, substantially building SaksFifthAvenue.com as part of a seamless all-channel offering, strategically expanding the Saks Fifth Avenue store base in both the U.S. and into Canada and the integration of Saks Fifth Avenue into the HBC business. In his new role, Mr. Metrick will continue to report to Gerald Storch, CEO of HBC.

In his new role, Mr. Metrick replaces Marigay McKee, who has stepped down based on mutual agreement with the Company. Regarding her departure, Ms. McKee said, "I am pleased with the journey we’ve been on these past 15 months and am proud of the renewed positioning of the Saks Fifth Avenue brand."