Hudson's Bay says Harrods executive to be Saks president - Reuters

Hudson's Bay Co said on Monday that Harrods executive Marigay McKee will become president of Saks Inc (SKS.N) after the Canadian retailer acquires the upscale U.S. department store operator, writes Reuters. Earlier on Monday, Saks said that Chairman and Chief Executive Stephen Sadove and President and Chief Merchant Ronald Frasch are set to leave the company once it is acquired by Hudson's Bay.

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