Saks Inc. has named Stephen I. Sadove vice chairman.
Sadove is currently senior vice president of Bristol-Myers Squibb Co.
His responsibilities include strategic and operating plans, performance management, and the identification and cultivation of brand extensions and new business opportunities. Sadove will report to R. Brad Martin, the company’s chairman and CEO.
Sadove, 50, will continue to serve on the company’s board of directors, a position he has held since September 1998. Sadove also served on the board of Saks Holdings, Inc. from 1996 until its September 1998 merger with the company. He will maintain offices in both New York City and Birmingham, AL, the company’s corporate headquarters.
