FACTOID # 106: Americans are 15% more innovative than the Japanese. But in percentage terms, the Japanese grant 3.5 times more patents.
 
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Encyclopedia > Alan J. Lacy

Alan J. Lacy was the last Chairman and CEO of Sears, Roebuck and Company. Lacy joined Sears in 1994 and served in a number of senior positions, including Chief Financial Officer, President-Credit and President-Services before being named CEO in 2000. He became CEO of Sears Holdings Corporation following the 2005 merger of Sears and Kmart. Sears, Roebuck and Co. ... Sears Holdings Corporation (NASDAQ: SHLD) is the fourth largest retailer in the United States, behind Wal-Mart, The Home Depot, and Kroger. ... For the Australian department store chain, see Kmart Australia. ...


In addition to the merger with Kmart, Lacy's accomplishments included the acquisition of Lands' End, the sale of Sears credit operation to Citigroup and significant restructuring actions. Despite the competitive challenges Sears faced during his tenure as CEO, Sears' share price significantly outperformed the overall market and a number of key competitors (e.g. Wal-Mart and Home Depot). For other uses, see Lands End (disambiguation) Lands End is a clothing retailer based in Dodgeville, Wisconsin, specializing in casual clothing, luggage, and home furnishing. ... Citi redirects here. ... Wal-Mart Stores, Inc. ... The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. ...


Prior to Sears, Lacy was in senior management positions with Kraft Foods and its former parent company Altria Group. Kraft Foods Inc. ... Philip Morris redirects here. ...


He is a member of the board of directors of Bristol-Myers Squibb Company and The Western Union Company and a member of the Advisory Board of Fidelity Funds. He is chairman of the board of trustees of the National Parks Conservation Association and a trustee of The Field Museum. In addition, he is Senior Adviser to Oak Hill Capital Partners.


Lacy earned a BS in Industrial Management from the Georgia Institute of Technology in 1975 and an MBA from Emory University in 1977. Industrial organization is the field of economics that studies the strategic behavior of firms, the structure of markets and their interactions. ... The Georgia Institute of Technology, commonly known as Georgia Tech, is a public, coeducational research university, part of the University System of Georgia, and located in Atlanta, Georgia, USA, with satellite campuses in Savannah, Georgia, Metz, France, Shanghai, China, and Singapore. ... Emory University is a private university located in the metropolitan area of the city of Atlanta and in western unincorporated DeKalb County, Georgia, United States. ...



 

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