HOFFMAN ESTATES, Ill.,
Oct. 16, 2017 /PRNewswire/
-- Sears Holdings Corporation (NASDAQ: SHLD) today announced
that Bruce R. Berkowitz has decided to step down from the
company's board of directors, effective October 31, 2017. Mr. Berkowitz joined the board
of Sears Holdings in February 2016.
"On behalf of the board of directors and management, I want to
thank Bruce for his long-term commitment and investment in Sears
Holdings. His leadership, guidance and counsel as a board member
have been invaluable to our company," said Edward S. Lampert,
Chairman and CEO of Sears Holdings.
"It has been a pleasure to serve on the board of Sears Holdings
and work closely with Eddie and the rest of the leadership team. I
wish the company and its associates all the best as Sears Holdings
continues to execute on its strategic priorities," said Mr.
Berkowitz.
Mr. Berkowitz serves as the Chief Investment Officer of
Fairholme Capital Management, LLC, an investment adviser registered
with the SEC, and is the President and a Director of Fairholme
Funds, Inc., a SEC-registered investment company.
About Sears Holdings Corporation
Sears Holdings
Corporation (NASDAQ: SHLD) is a leading integrated retailer focused
on seamlessly connecting the digital and physical shopping
experiences to serve our members - wherever, whenever and however
they want to shop. Sears Holdings is home to Shop Your Way®, a
social shopping platform offering members rewards for shopping at
Sears and Kmart, as well as with other retail partners across
categories important to them. The Company 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.
NEWS MEDIA CONTACT:
Sears Holdings Public
Relations
(847) 286-8371
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SOURCE Sears Holdings Corporation