Home / Knowledge / News / Sears appoints Chief Financial Officer
Sears appoints Chief Financial Officer
18
Oct '08
Sears Canada Inc announced that David B. Merkley, Senior Vice-President and Chief Financial Officer, will be leaving the Company to pursue other interests. He will remain with Sears until November 13, 2008, to help ensure a smooth transition. Mr. Merkley has served as Chief Financial Officer since 2005.

The Board of Directors of the Corporation is pleased to announce the appointment of Allen Ravas as Senior Vice-President and Chief Financial Officer effective October 20, 2008. Mr. Ravas has held his current position as Senior Vice President, Finance, Sears Holdings Corporation since 2005.

"On behalf of the Board of Directors and associates of Sears Canada, I want to thank David for his contribution to the Company and wish him much success in his future endeavours," said Dene Rogers, President and Chief Executive Officer, Sears Canada Inc. "I also extend a warm Sears Canada welcome to Allen as he joins us in this very important role. He brings a wealth of experience to the position of CFO which will provide leadership to the organization on all financial matters. I look forward to having Allen join our team."

Mr. Ravas joined Sears Holdings in 1997 and has held senior roles in various finance portfolios including Merchandising, Supply Chain and Off-Mall. He was with Target Corporation from 1993 to 1997 and with May Department Stores from 1980 to 1993.

Sears Canada is a multi-channel retailer with a network of 197 corporate stores, 185 dealer stores, 45 home improvement showrooms, over 1,850 catalogue merchandise pick-up locations, 106 Sears Travel offices and a nationwide home maintenance, repair, and installation network.

Sears Canada Inc


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X