Sears Names Lewis CEO, President
8th Sep 2005, 12:09 GMT
Sears named Aylwin Lewis as chief executive to succeed Alan Lacy. The retailer posted a 4.5% profit rise and said losses from Katrina are expected to be covered by insurance.
Latest news from WSJ.com: What's News US:
- Toyota Races to Rev Up Production
- Hospitals Aim for Better Response Times
- Renewable Fuels May Provide 25% of U.S. Use
- Gunmen Kidnap 150 From Iraqi Institute
- China Indicates Relaxing of Film Restrictions
- U.S. Ships Encounter Chinese Submarine
- Euro-Zone Economy Slows in 3rd Quarter
- Stocks Turn Higher
- Supreme Court Splits on Jury Instruction
- DaimlerChrysler Suspends Executives