CONTACT:
Sears Public Relations And Communications
(847) 286-8371
Sears Holdings Elects Kevin B. Rollins to Board
HOFFMAN ESTATES, Ill., Feb. 20 /PRNewswire-FirstCall/ -- Sears Holdings
Corporation (Nasdaq: SHLD) announced today the election of Kevin B.
Rollins, 55, former president and chief executive officer of Dell, Inc. and
currently a senior adviser to the private investment firm TPG Capital, L.P.
(formerly Texas Pacific Group), to membership on the Sears Holdings board.
His election increases the number of Sears Holdings' directors to 8.
"Kevin Rollins is an accomplished businessman whose experience leading
a company in Fortune's top 50 will be invaluable as we continue to
implement Sears Holdings' revised organizational and internal management
structure. The Board of Directors looks forward to his advice and
contributions," said Sears Holdings Corporation Chairman Edward S. Lampert.
Along with his duties as CEO of Dell, Mr. Rollins was a member of the
company's board of directors, through January 2007. He then served as a
senior advisor to the company until his retirement in May of last year.
During his 11 year career with the company, Mr. Rollins also served as Vice
Chairman and as the head of Dell Americas. Prior to his time at Dell, Mr.
Rollins worked at Bain & Company, most recently serving as a director and
partner.
Mr. Rollins also serves on the board of Avaya Inc. and is a member of
the President's Leadership Council and the Marriott School National
Advisory Council at Brigham Young University, where he founded and
continues to sponsor the Rollins Center for E-Commerce.
He also serves as Vice Chairman of the Board of the American Enterprise
Institute in Washington DC.
About Sears Holdings Corporation
Sears Holdings Corporation is the nation's fourth largest broadline
retailer with over $50 billion in annual revenues and 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.
SOURCE Sears Holdings Corporation
Web site: http://www.searsholdings.com
CONTACT: Sears Holdings Public Relations, +1-847-286-8371
