Sears Holdings Names President of Key Business Unit
Guenther Trieb to Lead Kenmore, Craftsman and DieHard Brands
Sears Holdings Corporation (NASDAQ: SHLD) announced today that Guenther Trieb will join Sears Holdings as SVP and president -- Kenmore, Craftsman and DieHard and will be responsible for overseeing and working to grow the value of the company's major brands.
Trieb joins Sears Holdings after a successful 24-year career with Procter & Gamble, Co., where he was most recently Vice President for P & G's Western European Feminine Care Global Business Unit. He held a variety of senior leadership roles in brand management, marketing and strategic planning while with Procter & Gamble.
"The addition of Guenther to our team moves us another important step forward in the transformation of our businesses," said Bruce Johnson, Interim CEO and president of Sears Holdings. "He brings a winning attitude to our company and has demonstrated a commitment to enhancing relationships with customers, profitable sales growth and navigating through organizational change."
About Sears Holdings Corporation:
Sears Holdings Corporation is the nation's fourth largest broadline retailer, with approximately $50 billion in annual revenues, and with approximately 3,800 full-line and specialty retail stores in the United States and Canada. Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, home electronics and automotive repair and maintenance. Key proprietary brands include Kenmore, Craftsman and DieHard, and a broad apparel offering, including such well-known labels as Lands' End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and Covington brands. It also has Martha Stewart Everyday products, which are offered exclusively in the U.S. by Kmart and in Canada by Sears Canada. The Company is the nation's largest provider of home services, with more than 13 million service calls made annually. For more information, visit Sears Holdings' website at http://www.searsholdings.com/.
First Call Analyst:
FCMN Contact: kregan1@searshc.com
SOURCE: Sears Holdings Corporation
CONTACT: Sears Public Relations and Communications, +1-847-286-8371
Web site: http://www.searsholdings.com/