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Saks Global C.E.O. Marc Metrick Expected to Step Down

The expected departure comes amid growing speculation that Saks Global, the parentco of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is contemplating a potential bankruptcy filing.

Marc Metrick
Questions about Metrick’s future began to surface a few weeks ago after he missed a scheduled meeting with Neiman Marcus Group executives in Dallas. Over the past few weeks, multiple vendors have also told me that communications with Metrick, with whom some speak on a weekly basis, had ceased. Photo: kate jones/WWD/Getty Images
Lauren Sherman
December 28, 2025

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Marc Metrick, the longtime Saks Fifth Avenue executive who oversaw Saks Global’s acquisition of the Neiman Marcus Group, is expected to exit the business, according to multiple sources close to the organization. His anticipated departure would come amid growing speculation that Saks Global, which has struggled to manage its debt since its merger with NMG was finalized late last year, could soon file for Chapter 11 bankruptcy protection. (Metrick declined to comment, but a source close to Saks Global said he is currently still employed by the company.)