Sears Canada CFO to step down

Sears Canada CFO to step down

Sears Canada Inc. SRSC, -0.34% said Friday that its chief financial officer, E.J. Bird, is stepping down to pursue other opportunities, effective June 30. He has been CFO since March 2013. A search is underway for a successor. Billy Wong, senior vice president of finance, will work with Bird until his departure to aid in the transistion. Sears Canada shares are inactive in premarket trading, and down 63% over the past year. The S&P 500 is down 1.1% for the last 12 months.

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