Sears Holdings Names Steve Haber to Lead Home Appliances Business Unit

HOFFMAN ESTATES, Ill., March 22, 2012 /PRNewswire/ -- Sears Holdings (NASDAQ: SHLD) announced today that Steve Haber will join the company as senior vice president and president, Home Appliances. Mr. Haber comes to Sears Holdings from Sony Electronics, where he most recently served as executive vice president, leading the Product to Consumer Marketing and the Home and Digital Reading business divisions.

In his new role with Sears Holdings, Mr. Haber will lead the company's effort to continue driving profitable growth in its industry-leading appliance business.

"Home Appliances is a cornerstone of our business and our Kenmore brand is in the lives of 100 million Americans," said Ron Boire, Sears Holdings' executive vice president, chief merchandising officer and president, Sears and Kmart formats. "Steve is a proven executive with a deep understanding of what is important to customers – value, quality, innovation and selection. These are qualities we pride ourselves on at Sears Holdings."

Mr. Haber added, "I am excited about the opportunity to join Sears Holdings, with iconic brands like Kenmore. Sears is an industry leader in appliances and I believe we can further that position with great products, and by delivering a great experience to our customers and Members."

Prior to his most recent position, Mr. Haber was the executive vice president of Sony Electronics' Consumer Product Group, which included the Home Products, Digital Imaging & Audio Products, Information Technology, Media Applications and Solutions business divisions. In this role, he was responsible for the sales and strategic direction of Sony's multi-billion dollar U.S. Consumer Product business. Before that, Mr. Haber was president of Sony's Digital Reading Business Division, responsible for the global direction and development of Sony's Digital Reading business: hardware, software and content.

Mr. Haber has over 20 years of experience with Sony, holding roles of increasing responsibilities working in Sales, Marketing and General Product Management.  He started his career in 1980, having founded Trolley Stereo during his undergraduate years. As president, he grew the company into an audio/video retail and mail-order business.

Mr. Haber received his MBA from Pepperdine University.

About Sears Holdings Corporation

Sears Holdings Corporation is a leading broadline retailer with over 4,000 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, consumer electronics and automotive repair and maintenance.  Sears Holdings is the 2011 ENERGY STAR® Retail Partner of the Year.  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 the Country Living collection, which is offered by Sears and Kmart.  We are the nation's largest provider of home services, with more than 11 million service calls made annually.  Sears Holdings Corporation operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation.  For more information, visit Sears Holdings' website at www.searsholdings.com. Twitter: @searsholdings| Facebook: http://www.facebook.com/SHCCareers

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SOURCE Sears Holdings Corporation