Sears Names Hollar CFO

Sears Holdings has named Jason Hollar as the company’s chief financial officer, effective immediately. He fills the position vacated by Robert Schriesheim, who in May announced his departure from the company.

Hollar joined Sears Holdings in October 2014 as svp/finance, overseeing the financial planning and analysis function, the business finance relationship with centralized finance, and procurement.

“In his time with the company, Jason has been focused on driving efficiencies and creating value as our company undergoes rapid change,” said Edward Lampert, Sears Holdings’ chairman and CEO. “His leadership and financial acumen are important skills as we accelerate our transformation and deliver for our members, associates and shareholders.”

Prior to joining Sears Holdings, Hollar was at Delphi Automotive, where he served as vp/corporate controller. Prior to Delphi, he spent the bulk of his career at Navistar International and has more than 20 years of finance experience including business finance, controllership, strategic planning, financial planning and analysis, and serving as a business unit CFO.

The company also announced that it has consolidated responsibility for internal audit, treasury and the capital markets finance functions under Robert Riecker, who has served as vp/controller since 2011 and will continue as controller while also serving as head of capital markets activities.