American holding company Sears Holdings has recently announced appointment of Jason Hollar as the new Chief Financial Officer with immediate effect, succeeding Robert A. Schriesheim.
Commenting on the appointment, Edward S. Lampert, Chairman and CEO, Sears Holdings’ said, “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. 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.”
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Hollar previously served as Senior VP, Finance overseeing the financial planning and analysis function. Prior to joining Sears Holdings, he was in the role of Vice President and Corporate Controller at Delphi Automotive. It will be interesting to see what new he will bring to Sears in his new role.
Operating through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation, with full-line and specialty retail stores across the United States, Sears Holdings Corporation is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences. It operates 3,472 retail locations under the mastheads of Sears, Kmart, and their subsidiaries.
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