Sears Canada president stepping down after less than a year

Carrie Kirkman, president and chief merchant of Sears (NASDAQ:SHLD) Canada, announced she will leave her role as president only 9 months after taking the position.

Kirkman, formerly with Nine West Canada, Jones Apparel Group and Hudson's Bay, was focused on two target customers: 50-something women with grown kids and young mothers of school-aged children, reported Financial Post.

The struggling retailer made the exit announcement during a statement reaffirming the company's goals to reach out to real estate development, cost controls, and a revamp of its digital platform in order to help salvage the chain.

Sears Canada's sales have gone down from $6.5 billion in 2002 to $3.1 billion in 2015. The company has also been without a CEO since Ronald Boire left last July after just six months.

Kirkman will officially step down in August. At the same time, Heywood Wilansky, former CEO of Bon Ton Stores and DSW, who joined Sears Canada's board last month, will take on a new position of senior advisor for merchandising, marketing and retail.

Kirkman was brought on by Brandon Stranzl, the executive chairman. Other recent exits include COO Klaudio Leshnjani, who left in December, and CFO E.J. Bird, who left in April.

For more:
- see this Financial Post article

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