CONTACT:
Sears Public Relations And Communications
(847) 286-8371
Sears Holdings Names Presidents of Key Business Units
John Froman to lead Tools and Lawn & Garden
Doug Moore to lead Appliances
HOFFMAN ESTATES, Ill., March 27 /PRNewswire-FirstCall/ -- Sears
Holdings Corporation (Nasdaq: SHLD) announced today that John W. Froman
will join the company's executive team as senior vice president and
president -- Tools and Lawn & Garden.
Froman was most recently with Namco, LLC, a regional chain of family
recreation superstores, where he served as chief executive officer for two
years. Prior to Namco, LLC, he spent 19 years at Circuit City Stores, Inc.,
where he served as executive vice president and chief operating officer for
four years. In that capacity, he directed all store operations,
distribution, product service, real estate, construction, store design,
store services, loss prevention, procurement and corporate operations.
"John's wealth of retail experience and demonstrated success in retail
operations, merchandising, and strategic planning will help us operate the
Tools and Lawn and Garden businesses more efficiently and effectively,"
said Bruce Johnson, Interim CEO and president of Sears Holdings. "John will
also enable our company to be more responsive and competitive in this
industry, as he has a strong record of developing and implementing key
initiatives that drive shareholder value and build customer relationships."
Separately, the company promoted Douglas T. Moore to the position of
senior vice president and president -- Appliances. Moore started with the
company in June 2007 as SVP, Hardlines Merchandising. Prior to Sears
Holdings, he spent 17 years at Circuit City Stores, Inc., most recently as
EVP/chief merchandising officer. He also served in senior leadership
positions within sales, operations and installation at Circuit City. Moore
holds a Masters degree from the University of Virginia.
About Sears Holdings Corporation:
Sears Holdings Corporation is the nation's fourth largest broadline
retailer, with approximately $50 billion in annual revenues, and with
approximately 3,800 full-line and specialty retail stores in the United
States and Canada. Sears Holdings is the leading home appliance retailer as
well as a leader in tools, lawn and garden, home electronics and automotive
repair and maintenance. Key proprietary brands include Kenmore, Craftsman
and DieHard, and a broad apparel offering, including such well-known labels
as Lands' End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and
Covington brands. It also has Martha Stewart Everyday products, which are
offered exclusively in the U.S. by Kmart and in Canada by Sears Canada. The
Company is the nation's largest provider of home services, with more than
13 million service calls made annually. For more information, visit Sears
Holdings' website at http://www.searsholdings.com.
SOURCE Sears Holdings Corporation
Web site: http://www.searsholdings.com
CONTACT: Sears Public Relations and Communications,
+1-847-286-8371