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HOFFMAN ESTATES, Ill. — Sears Holdings Corp. has announced that Lou D’Ambrosio will step down as chief executive officer effective February 2 due to family health matters. Chairman Edward Lampert will take over the CEO’s role in addition to his position of chairman.
Sears Holdings Corp. has announced that Lou D’Ambrosio will step down as chief executive officer effective February 2 due to family health matters. Chairman Edward Lampert will take over the CEO’s role in addition to his position of chairman.
"Lou has guided Sears Holdings during a time of rapid industry change to become a more customer- and member-focused company, and positioned us to lead in integrated retail," Lampert said. "I have agreed to assume these additional responsibilities in order to continue the company’s recovery and sustain the momentum we are experiencing."
