Toronto, Ontario, April 11, 2006--Sears Canada said that Brent Hollister is stepping down as president and chief executive and will leave May 9.
Sears Canada is in the process of being acquired by parent company Sears Holding Corp for C$18 ($15.65) a share.
Sears Holdings said last week it had secured the shareholder support necessary to take Sears Canada from a publicly traded company to a private company.
The company named Dene Rogers, an executive with Sears Holdings, as acting president.
