saks inc (SKS:New York)

Executive Profile*

Background*

Mr. Stephen I. Sadove, Steve, has been Executive Chairman of Saks Incorporated since May 2007 and has been its Chief Executive Officer since January 2006. Mr. Sadove serves as the Chief Executive Officer of Saks Fifth Avenue Inc. He served as Chief Operating Officer of Saks Inc., from March 3, 2004 to January 2006. Prior to joined Saks Fifth Avenue Inc. in January 2002, he had a distinguished marketing and consumer products career spanning over 25 years. Prior thereto, ... Mr. Sadove served as a Senior Vice President of Bristol-Myers Squibb Company and President of Worldwide Beauty Care from September 2000 to January 2001; as Senior Vice President of Bristol-Myers Squibb Company and President of Worldwide Beauty Care and Nutritionals from 1998 to September 2000; as President of Worldwide Beauty Care from 1995 to 1998 and as President of Clairol Inc. from 1991 to 1995, where he was responsible for Worldwide Clairol's performance in Canada, Europe, the Middle East, Africa and Latin America. During his tenure at Bristol-Myers Squibb, among other accomplishments, Mr. Sadove led Clairol to become the leading hair care business in the United States. Between 1975 and 1991, he held various management positions with General Foods USA. Mr. Sadove served as Chairman of The Harvard Business School Club of Greater New York, Inc. He served as Vice Chairman of Saks Incorporated from January 2002 to March 2004. Mr. Sadove has been a Director at Saks Inc., since 1998 and Ruby Tuesday Inc., since 2002. He serves as First Vice Chairman of The National Retail Federation and served as its Secound Vice Chairman of The National Retail Federation. He has been a Director at Colgate-Palmolive Co., since June 2007. He served as a Director of Saks Holdings Inc. since August 1996. He has been a Trustee of Equity Office Properties Trust General Partner of Eop Operating LP since March 2005. He holds board positions with a number of other organizations, including: Hazelden New York, National Retail Federation and A Better Chance. He serves as Director of Main Street Connect, LLC. He has been on the advisory board of CVC Capital Partners Ltd. and Sterling Capital Partners Ltd., since April 2012. He is on the executive committee of Cosmetic, Toiletry and Fragrance Association. He holds Bachelor's degree from Hamilton College and holds an MBA with distinction from Harvard Business School.

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