Sears has lost its second chief financial officer in six months, just as it begins talks with lenders over a looming debt payment.
Sears CFO Jason Hollar has left the company to “pursue another career opportunity,” the company said. Hollar was appointed to the role in October 2016 following the departure of Robert Schriesheim, the company’s CFO since 2011.
Sears has named Rob Riecker to replace Hollar, effective immediately. Riecker was previously Sears’ controller and head of capital markets activities.
Hollar is the fifth member of Sears’ senior executive team to leave the company in the last four months.
John Moore, formerly Sears’ head of retail services, left the company this month. Last month, the company lost former Kmart president and chief member officer Alasdair James.
Jeffrey Balagna, formerly Sears’ executive…