Who Is the Current CEO of Sears Roebuck?


Quick Answer

The CEO of Sears Holdings as of November 2015 is Edward S. Lampert. He is also its Chairman of the Board. Lampert became CEO in May 2013 after the previous CEO, Louis D'Ambrosio, resigned due to family health reasons.

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Full Answer

Lampert was born on July 19, 1962 in Roslyn, New York, the son of a lawyer and housewife. After his father's early demise, Lampert put himself through university by working odd jobs and obtaining scholarships, eventually graduating with a bachelor's in economics summa cum laude from Yale University. After a four-year stint at Goldman Sachs, he formed hedge fund company ESL Investments. He is number 628 in Forbes' list of the world's richest people, worth an estimated $2.4 billion, as of August 2015. Lampert is married to Kinga Lampert, with whom he shares three children.

Sears, Roebuck & Company is the fifth largest department store by sales in the United States, as of 2013, with close to 800 locations primarily in the United States, as well as in Canada and Mexico.

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