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HOFFMAN ESTATES, Ill. — Imran Jooma, who led Sears Holdings Corp.’s online operations and was a key member of chief executive Eddie Lampert’s management team, has resigned and will leave the company next month to pursue a new opportunity, the retailer said.
Imran Jooma, who led Sears Holdings Corp.’s online operations and was a key member of chief executive Eddie Lampert’s management team, has resigned and will leave the company next month to pursue a new opportunity, the retailer said.
Jooma, an executive vice president in charge of online, marketing, pricing and financial services, had been at the center of Sears’ efforts to use technology and innovative services to revive itself.
He submitted his resignation on December 17, and his last day with the company will be February 6.
A company spokesman said Lampert told employees that Jooma would assist in the transition to new leadership over the business segments he was overseeing. Sears has not named a replacement.
Jooma joined Sears in 2007 after serving in senior e-commerce positions at electronics retailer Circuit City and OfficeMax.
The move comes as Sears strives to restore profitability by shrinking its network of stores and promoting the integration of its brick-and-mortar and online capabilities and a membership program called ShopYourWay. Jooma performed a pivotal role in promoting those strategies.
But so far the initiatives have not translated into profits. Sears has lost more than $6 billion over the past four years, including $548 million in the most recent quarter, and has been selling off assets to generate cash.
