(WBAP/KLIF) – Officials with Sachs Global stated that Mark Metrick is leaving the job after nearly 30 years with the company. Following Metrick’s departure, Sachs Global executive chairman Richard Baker was named as interim CEO. This change comes days after the Wall Street Journal reported the company is preparing for bankruptcy. The company missed a $100 million dollar interest payment on debt from its merger with Neiman Marcus. It’s not clear what these changes could mean for the high-end fashion retailer.
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