Appliance and consumer electronics retailer Sears Holdings Corporation's Vice Chairman Alan Lacy has decided to leave the company, effective July 29, 2006. Lacy will also resign from the boards of directors of Sears Holdings and Sears Canada at that time.
Prior to being named Sears Holdings' vice chairman, Lacy served as CEO for Sears Holdings Corporation and before that he served as CEO for Sears, Roebuck and Co. beginning in October 2000. In December 2000, he also was named chairman of the board of directors of Sears, Roebuck and Co.
Lacy joined Sears as senior vice president, finance in 1994 and became executive vice president and chief financial officer the following year. He was appointed president, Sears Credit in 1997 and served as president, Services before becoming CEO.
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