Hoffman Estates, Ill. — Sears Holdings has promoted Jason Hollar to chief financial officer, effective immediately. The company previously announced in May that Robert A. Schriesheim would be leaving Sears to focus on his other business interests and pursue other career opportunities.
Hollar joined Sears Holdings in October 2014 as senior vice president, finance, overseeing the financial planning & analysis function, the business finance relationship with centralized finance, and procurement. The company also has consolidated responsibility for internal audit, treasury and the capital markets finance functions under Robert Riecker, who has served as vice president and controller since 2011 and will continue as controller while also serving as head of capital markets activities.
“We are fortunate to have a deep bench of finance leadership as Sears Holdings continues to transform its business to an asset-light organization centered on its Shop Your Way program powered by our integrated retail innovations,” says Edward S. Lampert, Sears Holdings’ chairman and CEO. “In his time with the company, Jason has been focused on driving efficiencies and creating value as our company undergoes rapid change. His leadership and financial acumen are important skills as we accelerate our transformation and deliver for our members, associates and shareholders.”
Prior to joining Sears Holdings, Hollar was at Delphi Automotive, where he served as vice president and corporate controller.
Sears Holdings Corporation is a leading integrated retailer that operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation, with full-line and specialty retail stores across the United States. For more information, visit www.searsholdings.com.
SOURCE: Sears Holdings Corporation