Inside these posts: W Bruce Johnson

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Sears interim CEO pay more than triples in 2010

W. Bruce Johnson was appointed in 2008. (Sears handout)

Sears Holdings Corp. interim Chief Executive W. Bruce Johnson saw his compensation package rise 250 percent to $5.3 million last year, according to a proxy the Hoffman Estates-based company filed with the Securities and Exchange Commission.

Johnson, who held the spot until February, received a base salary of $980,000, up 15 percent from the prior year. His stock awards were $4.3 million, up from $663,000. Get the full story »

Sears names IBM veteran its CEO

Sears Holdings Corp. named IBM veteran Lou D’Ambrosio CEO and president, effective Thursday.

D’Ambrosio succeeds W. Bruce Johnson, who has served as interim CEO and president since January 2008. Get the full story »