CANADA: Sears Canada seeks new CFO as Driscoll resigns
Retailer Sears Canada is seeking a new chief financial officer after revealing Sharon Driscoll has resigned to pursue other interests.
Driscoll, who joined Sears Canada in November 2008 and has served as CFO since December 2010, will leave the company on 4 January.
The retailer said it is conducting a search for a replacement and expects to make an announcement when the search is complete.
In the interim, processes are in place that will allow the finance functions to continue operating seamlessly, the company added.
"I want to thank Sharon for her service to Sears over the past four years," said Calvin McDonald, president and CEO of Sears Canada. "On behalf of the entire management team, I wish her all the best in her future endeavours."