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Saks completes $2.7 billion deal with Neiman Marcus CEO set to exit

Saks completes $2.7 billion deal with Neiman Marcus CEO set to exit

The deal to make Neiman Marcus Group part of Saks Global is complete, but its future won’t include the CEO of the Dallas firm. With the close of the transaction, Geoffroy van Raemdonck, along with certain members of the Neiman Marcus leadership team, will be departing the company, Saks Global announced on Monday. Von Raemdonck has been chief executive since 2018. “This group of executives has ...

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For further details, visit: https://www.courant.com/2024/12/24/saks-completes-2-7-billion-deal-with-neiman-marcus-ceo-set-to-exit/

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