Sears Holdings Names New President To Lead Fulfillment

HOFFMAN ESTATES, Ill., Sept. 21, 2015 /PRNewswire/ -- Sears Holdings Corporation (NASDAQ: SHLD) today announced the appointment of Girish Lakshman as president, Fulfillment. His new role will support the company's continued efforts to enhance the member experience, flawlessly fulfill member and customers' needs and advance its integrated retail strategy.

Lakshman most recently served as vice president of Worldwide Transportation Strategy, Technology and Customer Returns at Amazon. During his 15 years with Amazon, Lakshman held positions with increasing responsibility in a variety of roles in transportation, technology, logistics, operational excellence and management. Lakshman's early career experiences included operations planning for manufacturing and industrial engineering functions.

"Girish's strong operational discipline, process thinking and experience leading change make him a strong fit for Sears Holdings," said Edward S. Lampert, Sears Holdings' Chairman and Chief Executive Officer. "He will work closely with me and our supply chain and inventory management leaders to enhance our members' experiences and support our transformation as an integrated retailer."

Lakshman holds a Bachelor of Science degree in Mechanical and Industrial Engineering from Osmania University in India.

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.

NEWS MEDIA CONTACT:

Sears Holdings Public Relations
(847) 286-8371

SOURCE Sears Holdings Corporation

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