HOFFMAN ESTATES, Ill., Dec. 5, 2014 /PRNewswire/ -- Sears Holdings (NASDAQ: SHLD) announced today the election of Kunal S. Kamlani to membership on the Sears Holdings board of directors.
"I am very pleased to welcome Kunal to our board," said Sears Holdings Chairman and Chief Executive Officer Edward S. Lampert. "His broad-based financial services expertise coupled with leading a company with a strong focus on its customers make him a great fit for our board as we continue our transformation to a member-centric company that leverages Shop Your Way and Integrated Retail."
Kunal until recently served as President and Chief Operating Officer of Prestige Cruise Holdings, where he was responsible for both the Oceania Cruises and Regent Seven Seas Cruises brands. He was formerly the chief financial officer for Prestige and rejoined the company in 2011 from Bank of America/Merrill Lynch, where he served as head of the multi-billion dollar Global Investment Solutions division with more than 1,000 employees worldwide. His past experience also includes serving as the chief operating officer of Smith Barney and vice president of corporate development for Starwood Hotels & Resorts.
Kamlani earned his MBA from Columbia University and a bachelor's degree in Economics and Political Science from Colgate University.
His election increases the number of Sears Holdings' directors to eight.
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.
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