Sears Holdings (SHLD) Names Michael D. Collins the CFO

December 4, 2008 7:26 AM EST

Sears Holdings Corporation (Nasdaq: SHLD) announced that effective immediately, Michael D. Collins, previously Senior Vice President, Finance will begin serving as the company's Chief Financial Officer.

On October 13, 2008, Sears Holdings named Collins to succeed J. Miles Reidy who will be leaving the company before the end of the fiscal year.

The company also announced today, that Fred Jasser has been named Sears Holdings' Vice President and Treasurer reporting to Sears Holdings' Senior Vice President, Controller and Chief Accounting Officer, William K. Phelan. Jasser most recently served as Vice President, Investment Banking Division for Goldman Sachs & Co.

Sears Holdings Corporation is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears).[SM]


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