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Saks Promotes Metrick to President

Hudson’s Bay Co. named Marc Metrick president of the company’s Saks Fifth Avenue business, replacing Marigay McKee, who has left the company.

Metrick previously served as HBC’s executive vice president and chief administrative officer and got his start at Saks Fifth Avenue in the company’s executive training program. Over the course of his 15 years at Saks, he held positions in merchandising and strategy, ultimately rising to chief strategy officer in 2007. In 2012, he was named chief marketing officer of HBC, where he “played an instrumental role in the acquisition of Saks Fifth Avenue.”

He was named HBC’s chief administrative officer when the company acquired Saks Fifth Avenue in 2013.

According to the company, Metrick has been focusing on developing the strategic plan to revitalize the Saks Fifth Avenue business, which 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 to realize more than $100 million in synergies.”

“It is not often that one has the opportunity to lead the company where they started and grew up. Saks Fifth Avenue has played such a pivotal role in shaping who I have become as an executive, and I cannot be more excited than to lead Saks Fifth Avenue,” Metrick said in a company statement.