Sears Holdings

  • eddielampert


    Eddie Lampert To Draw On Experience Not Relevant To Being CEO Of A Company To Be CEO Of A Company

    The hedge fund billionaire will become CEO at the struggling department store chain Sears Holdings Corp, succeeding Lou D’Ambrosio, who headed up the company for around two years. Mr. D’Ambrosio’s departure was influenced by a close family member’s medical condition, people familiar with the matter said…”There’s a very big difference between being a CEO of […]

    / Jan 9, 2013 at 12:29 PM
  • News

    Unfounded Rumor Of The Morning: Trouble In Lampert-Ville?

    From the mailbag: Word is there’s some strange stuff going down on Mr. ESL’s watch. Five high up people have left just to go to Bloomberg alone in the past few months. He has in his head what a unit’s numbers should be, and if they come in better or worse he tells the unit […]

    / Aug 23, 2010 at 11:20 AM
  • News

    Lampert and Ackman Part Ways in Cheap Department Store

    Bill Ackman has finally persuaded his fellow hedgie Eddie Lampert to buy him out of Sears Canada for nearly double what he last offered. Bill has been calling Eddie a cheap SOB for over four years. In 2006, Ackman successfully blocked Lampert’s attempt to buy his stake in Sears Canada on the cheap. At the […]

    / Apr 23, 2010 at 10:05 AM

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