Broadline retailer Sears Holdings has appointed Craig T Monaghan as its CFO.

Monaghan will take on direct responsibility for Sears' financial organisation from 1 September.

"Craig brings with him strong experience and an impressive record of accomplishments, having most recently served as executive VP and CFO for over six years at AutoNation, a Fortune 150 company," said William C Crowley, the company's chief administrative officer.

Sears sells apparel brands such as Lands' End, Jaclyn Smith and Joe Boxer and is also a leading home appliance retailer and home services supplier.