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Sears Holdings (SHLD) Appoints Alan J. Carr to Board

October 9, 2018 7:50 AM EDT

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Sears Holdings Corporation (NASDAQ: SHLD) today announced that Alan J. Carr, Managing Member and CEO of Drivetrain, LLC, has joined the Board of Directors (the "Board").

Carr has significant experience as a principal, investor and advisor leading complex financial restructurings, as well as serving as a director of reorganized businesses in the U.S. and Europe. Carr was previously an attorney at Skadden, Arps, Slate, Meagher & Flom LLP and Ravin, Sarasohn, Baumgarten, Fisch & Rosen.

Edward S. Lampert, Chairman and Chief Executive Officer of Sears Holdings, said: "Alan brings deep experience as a director for companies that went through complex organizational change. We are pleased to welcome him to the Board and look forward to the benefit of his expertise as we work to maximize value for the Company and its stakeholders."



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