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Sears Holdings names CFO

Hoffman Estates, Ill. -- Sears Holdings Corp. said Tuesday it has named Robert A. Schriesheim as executive VP and CFO.

Schriesheim’s position as executive VP is effective immediately, and he will begin his CFO duties on Aug. 22.

Schriesheim most recently was CFO for Hewitt Associates, leading the company's global financial and administrative roles until its merger with Aon Corp. He replaces acting CFO Bill Phelan.