Sears Holdings Elects Paul DePodesta To Board
HOFFMAN ESTATES, Ill., Dec. 13, 2012 /PRNewswire/ -- Sears Holdings (SHLD) announced today the election of Paul DePodesta, vice president of player development and amateur scouting for the New York Mets, to membership on the Sears Holdings board of directors.
"We are pleased to add the strong analytical skills and talent assessment acumen of Paul DePodesta to our board of directors. As Sears Holdings continues the work of transforming and strengthening our company, we look forward to his leadership and contributions," said Sears Holdings Chairman Edward S. Lampert. "Mr. DePodesta's ability to scrutinize data and use it to assess talent and drive execution makes him ideally suited to join our board."
Mr. DePodesta's unique approach in assembling Major League Baseball teams has transformed how teams evaluate, measure and value talent. Prior to joining the Mets, Mr. DePodesta was the executive vice president of the San Diego Padres, and the executive vice president and general manager of the Los Angeles Dodgers, where he became the third-youngest person to be named general manager in Major League history. Previously, he served as the assistant general manager of the Oakland Athletics and began his baseball career with the Cleveland Indians.
He graduated cum laude from Harvard University with a degree in economics.
Mr. DePodesta's election increases the number of Sears Holdings' directors to eight.
About Sears Holdings Corporation
Sears Holdings Corporation is a leading integrated retailer with over 2,600 full-line and specialty retail stores in the United States and Canada and the home of ShopYourWay, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through ShopYourWay.com. Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, fitness equipment and automotive repair and maintenance. Key proprietary brands include Kenmore, Craftsman and DieHard, with a broad apparel offering, including such well-known labels as Lands' End, the Kardashian Kollection, Jaclyn Smith and Joe Boxer, as well as Sofia by Sofia Vergara and The Country Living Home Collection. We are the nation's largest provider of home services, with more than 15 million service and installation calls made annually and have a long-established commitment to those who serve in the military through initiatives like the Heroes at Home program. We have been named the 2011 Mobile Retailer of the Year, Recipient of the 2012 ENERGY STAR® "Corporate Commitment Award" for Product Retailing and Energy Management and one of the Top 20 Best Places to Work for Recent Grads. 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
NEWS MEDIA CONTACT:
Sears Holdings Public Relations
(847) 286-8371
SOURCE Sears Holdings Corporation
We got a little good news from the Sears Canada dividend all we need now is for Eddie to announce he sold and leased the Sears Auto department to Autozone or something to that effect creating more cash.
Sears Holdings will have a new nickname - Sears " The Cash Cow " Holdings.
Which makes one wonder about their statement, "We are pleased to add the strong analytical skills and talent assessment acumen of Paul DePodesta to our board of directors" which adds new meaning to the saying "old boys' club."
Sears seems to be quite an old boy's network, it seems to be a horrible place to work and seems to be horribly run.
Just exactly when is Lambert going to clearn the place up or get it cleaned up?
Lahiem
I doubt he'll get half of what some say the real estate is worth, so Sears stock probably won't top out past $80 when he starts selling off the company and firing tons of hard working employees. I'd rather invest in a company that management really cares about and their employees, not just the real estate.