Hoffman Estates, IL, Nov. 18--Sears, Roebuck and Co. has named Mark S. Cosby as president of its full line stores. Cosby, 43, will lead all aspects of the full line store organization, including merchandise, operations and supply chain, and will report to Sears chairman and CEO Alan J. Lacy. His appointment is effective December 1.
Cosby joins Sears from KFC, U.S.A. in Louisville, where he had been chief operating officer since 2000, leading company and franchise operations for a 5,300 unit restaurant chain. Prior to that, he was chief development officer for Tricon Global Restaurants, heading development and execution of a business strategy for 17,000 KFC, Taco Bell and Pizza Hut restaurants since 1997. Earlier, Cosby held a series of senior executive positions with KFC/PepsiCo, after joining PepsiCo's Taco Bell division in 1988. He holds a bachelor's degree and an MBA from the University of Wisconsin.
"Mark's appointment fulfills my objective to bring all aspects of the full line stores under the leadership of a dynamic and experienced executive with proven successes in strategy and operations at leading national, consumer driven companies," Lacy said.
