Description: Sears Canada CEO, Douglas Campbell, resigned after only spending one year at the top position. He cited family reasons for his resignation. This aggravates the already precarious situation Sears finds itself in – for the last eight years, its sales have continued to decline.
Source: Financial Post
Date: September 25, 2014
Questions for Discussion:
- Apart from family reasons, do you think there are other reasons for Douglas Campbell’s resignation?
- Why is it difficult for Sears to find a stable CEO?
- Analyze Sears present position in the Canadian market?