Sears Holdings Corporation - Corporate Website
Home Press Releases Investors Corporate Governance Community Careers

Press Release

Sears Holdings Announces Additions to Executive Leadership Team
CONTACT:

Sears Public Relations And Communications
(847) 286-8371

Sears Holdings Announces Additions to Executive Leadership Team

     Appoints Senior Executive for Operating and Support Businesses and
            Presidents of Lands' End and Pharmacy Business Units

    HOFFMAN ESTATES, Ill., Dec. 2 /PRNewswire-FirstCall/ -- Sears Holdings
Corporation (Nasdaq: SHLD) today announced new executives to lead various
business units:

    -- Scott Freidheim will join Sears Holdings as EVP, Operating and
Support Businesses and member of the internal holding company business unit
board of directors. Freidheim has been with Lehman Brothers for over 17
years, where he most recently served as Chief Administrative Officer and
Executive Vice President of Lehman Brothers Holdings Inc., overseeing the
corporate division, reporting to the company's Chairman and CEO. He was
responsible for a wide range of functions including brand, communications,
legal, strategy and talent management. Freidheim was charged with driving
significant cost containment and improved efficiencies across the
organization. Over the years, he held officer positions in the investment
banking, private equity and corporate divisions.

    -- Nick Coe will join Sears Holdings as SVP and President, Lands' End.
He has over 25 years of merchandising and marketing expertise along with
experience working to grow recognizable brands such as Gillette, Levi's,
Dockers and Banana Republic. Most recently, Coe served as Senior Vice
President, Merchandising and Interim Head of Design for Banana Republic. In
his three years with Banana Republic, he was instrumental in refining the
brand strategy and customer segments, developing and executing key growth
strategies and driving a profitable business model. Previous to Banana
Republic, he spent 19 years within various divisions of Levi Strauss & Co
in global leadership roles, most recently as Vice President, Merchandising,
North America for Men's and Boy's.

    -- Mark de Bruin joins Sears Holdings as SVP and President, Pharmacy.
He has a wealth of expertise in developing and managing profitable retail,
online and mail order pharmacy businesses. De Bruin was most recently
Executive Vice President, Pharmacy for Rite Aid Corporation with
responsibilities for managed-care pharmacy, clinical services, procurement,
operations, marketing, financial planning, business development and
government relations. He joined Rite Aid Corporation in 2003 after spending
four years at Albertsons, Inc., as VP, Managed Health Care and Pharmacy
Procurement where he led the e-business strategy development for Savon.com,
Albertson's online pharmacy.

    "A little less than a year ago, the company announced a bold effort to
transform our business, to make it more entrepreneurial, more effective and
more profitable. The addition of these great executives underscores the
opportunities that Sears Holdings presents for talented individuals.
Despite the tough market conditions, we plan to continue to add
transformational leaders to our organization. This group of seasoned
executives will help move Sears Holdings forward toward our financial
priorities - improving margins, tightly controlling expenses and focusing
on cash generation," said Bruce Johnson, interim CEO and president of Sears
Holdings. "We remain committed to investing in our future by hiring
talented leaders. I value the winning attitude and track record of success
that they bring to our company."

    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 Holdings Public Relations, +1-847-286-8371
Press Releases
Sears Holdings
Kmart
Sears, Roebuck and Co.
SHC Media Room
 
Subscribe to Email Alerts
Sears Holdings
Kmart
Sears, Roebuck and Co.
 
Follow Us
Twitter
Facebook
YouTube
RSS Newsfeed
© Sears Brands, LLC Terms of Service Privacy Policy California Privacy Rights