Sears says CEO to step down in early Feb

Mon Jan 7, 2013 8:54pm EST
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Jan 7 (Reuters) - U.S. retailer Sears Holdings Corp said Chief Executive Louis D'Ambrosio will step down for family health reasons at the end of the company's fiscal year in early February.

Edward Lampert will assume the role of Sears CEO, in addition to his current role as chairman, Sears said in a statement late on Monday.