Sears Loses Marketing Chief (SHLD)
After just five months on the job, Sears Holding Co. (NASDAQ: SHLD) marketing head Monica Woo has left the company. She is moving to privately held Mozido, a provider of white-label multi-channel financial services. She is just the latest in…
She is just the latest in a string of Sears executives to leave the company, even as the company’s share price has soared 132% since the beginning of the year. Woo joined Sears after the company had been looking for a marketing head for more than a year.
Sears is trying to turn around a $3.1 billion loss last year at its Kmart and Sears stores.
The company’s shares are up nearly 3% today at $73.86 in a 52-week range of $28.89-$87.66.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
