Retailer Saks Incorporated announced that Michael Brizel will join the Company on April 16th and will assume the post of Executive Vice President and General Counsel of Saks Incorporated on May 7, 2007.
Brizel is an attorney with extensive experience in such areas as human resources law, corporate and commercial matters, and litigation management. He has served in a variety of positions of increasing responsibility with The Reader's Digest Association Inc since 1989, including Senior Vice President and General Counsel, a position he has held since 2002.
Brizel gained previous experience with General Foods Corporation and the law firm of Summit, Rovins and Feldesman. He received his law degree from Cornell Law School and a B.S. from Cornell University in the School of Industrial and Labor Relations.
Brizel will be based in New York and will report to Steve Sadove, Chief Executive Officer. The Company is in the process of consolidating a number of its executive functions into the existing Saks Fifth Avenue home offices in New York City from Birmingham, Alabama. This process is expected to be completed in the second quarter of 2007.
In October 2006, following the sale of the remaining portion of the Company's department store business, the Company announced that Charles Hansen, who is based in Birmingham and is the Company's current Executive Vice President and General Counsel, intended to terminate his employment effective May 4, 2007, which will occur as scheduled. |