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Sears Vice Chairman to Leave

Stock quotes in this article: SHLD  

Sears Holdings(SHLD Quote) said Tuesday that Alan Lacy, the former CEO of Sears Roebuck who helped spearhead the retailer's merger with Kmart, will leave the company at the end of the month.

Lacy currently serves as vice chairman of Sears Holdings, which was formed by the Sears and Kmart merger last year. He originally served as CEO of the new company, but was replaced in September by Kmart executive Aylwin Lewis.

Lacy will leave July 29 and will resign from the boards of Sears Holdings and Sears Canada, the company said. ...

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