Sears CEO to Leave
January 08, 2013
Hoffman Estates, Ill.-based Sears Holdings Corp. recently announced that Louis J. D’Ambrosio will step down as CEO for family health matters, effective Feb. 2. 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. D’Ambrosio will remain on the board until the company’s next annual meeting of stockholders, which will be held in May 2013, and will be available to assist with a smooth transition.