Sears (SHLD) CEO D'Ambrosio to Step Down; Eddie Lampert to Assume Role
- Top 10 News for 7/25 - 7/29: Earnings and Mergers and ... Chioptle Making Burgers?
- Tech shares and muted GDP growth push S&P 500 to record
- No clean bill of health for EU banks in stress test
- Private equity firms focused on Hewlett Packard asset sales: sources
- Tesla (TSLA) Gains as Panasonic Seeks to Raise $3.9B for Gigafactory
Sears Holdings Corporation (Nasdaq: SHLD) today announced that Louis J. D'Ambrosio will step down as Chief Executive Officer for family health matters at the end of the company's fiscal year on February 2, 2013. Edward S. Lampert will then assume the role of CEO of Sears Holdings, in addition to his role as Chairman of the Board of Directors. Mr. D'Ambrosio will remain on the Board until the company's next Annual Meeting of Stockholders to be held in May 2013 and will be available to assist with a smooth transition.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Unilife Corp. (UNIS) Names New CEO; Updates on Cost Reduction Initiatives, Other Matters
- TriMas Corp. (TRS) Appoints New CEO
- Sears Launches New Denim Lines, Sends Kids Back To School in Serious Style
Create E-mail Alert Related CategoriesHot Mgmt Changes, Management Changes
Related EntitiesEdward Lampert, RBS Partners, ESL Investments
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!