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Sears Canada Inc. said Chief Financial Officer Sharon Driscoll will resign, two years after being promoted as the finance head of the retailer in the middle of a turnaround plan.
Sears Canada, majority-owned by Sears Holdings Corp., last year hired Calvin McDonald as chief executive to lead a three-year plan that includes focusing on categories in which it is strongest such as mattresses and major appliances.
Driscoll, the company's finance head since December 2010, will resigb effective Jan. 4, Sears Canada said on Monday.
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I try to use my holiday column to look ahead, but it’s always good to peek back to put those thoughts in perspective.
Highlights of the past year included the London Summer Olympics and Rupert Murdoch’ fall from grace. We saw the passing of Neil Armstrong, Phyllis Diller, Whitney Houston and Cosmopolitan magazine’s Helen Gurley Brown. The 2012 Presidential election cycle overshadowed anything else that was happening for a good part of the year.
There were a slew of unusual weather events, including earthquakes, floods, storms around the world, drought and record heat in the West, and Hurricane Sandy on the East Coast.
The economy was still anemic at best and headed for the fiscal cliff. Unemployment is hovering below 8 percent. But at the same time, many businesses are struggling to find qualified people with the skills they need.
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