Retailer Saks announced three promotions to executive vice president, effective immediately. G. William Franks has been named to the post of EVP and CIO, succeeding Dan Smith, who retired from that same post on January 31, 2001. Franks will report directly to Jim Coggin, president and chief administrative officer of the company. Franks joined Saks Incorporated in June 2000 as senior vice president and associate chief information officer and has thirty years of experience in the field of information technology. Prior to joining Saks, he held IT management positions at other major consumer corporations, including Neiman Marcus, where he most recently served as chief information officer, and at Pepsico/Frito Lay.