Sears Board Member Steps Down To Accept Treasury Post

Hoffman Estates, Ill. — Steven T. Mnuchin has informed Sears Holdings Corporation that he has decided to step down from the company's board of directors, effective immediately. President-elect Donald J. Trump recently announced his intent to nominate Mnuchin as Secretary of the United States Department of Treasury.

Sears Holdings Names New Chief Financial Officer

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.

Sears Holdings Names New President

Hoffman Estates, Ill. — Sears Holdings has hired former Gymboree COO Joelle Maher as president and chief member officer for the Sears format. In this role, Maher will be responsible for developing the Shop Your Way® member-centric business strategy for the Sears format, managing the Sears P&L and aligning merchandising, marketing, pricing and selling with the needs of its members. 

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