Sears executives have spent their entire careers doing things a certain way. As is so often the case, they can’t change, even as the world changes around them.
The Sears executive team turned over about every 6-12 months during the last 5+ years. And their teams below them almost as fast.
True about their current, peak, positions but
almost all of them have been at Corporate, in decision-making positions, for a few years. Ladley came from Ralph Loren (I think) less than two years ago.
Edward Lampert, Chairman & CEO ............................................. 2004
Robert A. Riecker, Chief Financial Officer...................................... 2011
Greg Ladley, President of Apparel and Footwear............................ 2017
Dean Schwartz, President, Hardlines (Svc. Date 1993), CHQ.......... 2009