Fei Wang departs Chief Technology Officer position at Saks Off 5th to recharge and embark on next chapter

Fei Wang has left Saks Off 5th where he served as Chief Technology Officer.

Saks Off 5th, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a sister brand to the luxury department store chain Saks Fifth Avenue.

Prior to his time there, Wang spent almost 12 years at Amazon, where he held various positions, including Principal Engineer.

In a LinkedIn post, he said: “Today marked my last day at Saks Off 5th, where I have served for the past three years. I am deeply grateful to the leadership, business partners, and tech teams for their incredible support and collaboration.”

“Transitioning from a big tech company to embedding myself within a retail environment has been an enlightening journey. I have gained a profound understanding of how technology drives business growth, addresses enterprise pain points, and enhances the customer journey.”

He added: “I am particularly proud of what my team has achieved over the past three years.”

“From developing a robust data platform and a high performance native app to ensuring fast guaranteed delivery, global inventory availability, CDP, personalisation, marketing optimisation and customer engagement - the list goes on. Our collective efforts have significantly enhanced the customer experience.”

“I want to express my sincere gratitude to my team for their dedication and hard work. Yufeng Gou, Jeff Finkel (VP. IT Platform Monitoring and Support at TAG - The Aspen Group), Shawn Shi (Principal Architect (AVP) at Saks off 5th), Jayanthi Dudala (Lead Database Developer at Hudson Bay Company), Murali Iyengar (Director of Software Engineering at Hudson Bay Company), Andrew Rabie, Angela Edington (C-Suite Executive Assistant at Saks Off 5th, and many more – thank you!”

“As I take a small break to recharge, I am excited to embark on my next chapter. Stay tuned!”

Neiman Marcus Group

HBC, the parent company of Saks Fifth Avenue, has entered into an agreement to acquire Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman, in a deal valued at $2.65 billion.

If the deal is approved, Toronto-based HBC will form Saks Global, a company that will include Saks Fifth Avenue, Saks Off 5th, Neiman Marcus, and Bergdorf Goodman.

“As part of this, we are bringing together operational functions from across the businesses under one strong leadership team so that each individual business can better focus on the execution of their respective customer facing strategies,” a Saks Global spokesperson said.

They added: “Decisions that impact team members are never easy, but they are necessary to support our future success. We greatly appreciate our colleagues’ contributions and are supporting them as much as we can through this transition.”

Legal, technology, operations, people, communications, and finance teams from the three companies within Saks Global, Saks, Neiman Marcus, and Bergdorf Goodman, will be consolidated, according to media reports.

2024 RTIH INNOVATION AWARDS

The customer experience is a key focus area for the sixth edition of the RTIH Innovation Awards, which is now open for entries.

The awards, sponsored by CADS, 3D Cloud, and Retail Technology Show 2025, celebrate global tech innovation in a fast moving omnichannel world.

It’s free to enter and you can do so across multiple categories.

Key 2024 dates

Friday, 25th October: Award entry deadline 

Tuesday, 29th October: 2024 shortlist revealed

30th October-6th November: Judging days

Thursday, 21st November: Winners announced at the 2024 RTIH Innovation Awards ceremony, to be held at RIBA’s 66 Portland Place HQ in Central London.