Herb Greenberg at MarketWatch wrote a column that will be stirring some of the Sears Holdings (NASDAQ: SHLD) shareholders and true believers. He has named Chairman Eddie Lampert as the worst CEO of the year. He notes that Lampert is Chairman rather than CEO but the operations and the stock has been bad enough that Lampert won the dubious honor.
247 Wall St. recently asked if CEO Lewis was going to get to keep his job at Sears, although for whatever it is worth he is really a true reporting person to Lampert.
Shares of Sears have performed dismally this year with its stock down to $112.33 as of yesterday’s close. Its 52-week trading range is $98.25 to $195.18.
Jon C. Ogg
December 6, 2007
Jon Ogg can be reached at firstname.lastname@example.org; he does not own securities in the companies he covers.