HOFFMAN ESTATES, Ill. – Sears Holdings Corp. said it hired a former Wal-Mart executive to lead its retail services division, overseeing growth at the company's stores.
James H. Haworth will join the owner of Sears and Kmart stores as an executive vice president and president of the company's retail services unit.
Haworth was most recently chairman, president and CEO of Chia Tai Enterprises International Limited & CP Lotus, a holding company that operated shopping centers in China. He also founded a consulting firm online cash advances.
Before that, Haworth spent two decades with Wal-Mart Stores Inc., ending as chief operating officer and executive vice president of operations for the Sam's Club unit.
At Sears Holding, Haworth replaces Kevin Holt, who is leaving the suburban Chicago retailer.
Haworth will begin work Jan. 31.
Sears Holdings is led by hedge fund financier Edward Lampert.
