Biographical Summary

Lampert was schooled in stocks, finance and business at a very young age by his grandmother, who was an avid viewer of "Wall Street Week." Driven to succeed after the death of his father at age 14, Lampert cobbled together financial aid and savings from summer jobs and enrolled at Yale University. After a stint at Goldman Sachs, he founded ESL investments at age 25. He has been credited for forming and merging Kmart and Sears into Sears Holdings and his investment style has drawn comparisons to the financier Warren Buffett. Lampert took over as CEO of Sears Holdings on February 2, 2013 after the departure of Lou D'Ambrosio for "family health reasons." "In light of Lou's decision to step down, the board feels it is important that there is continuity of leadership during this important period of transformation and improvement at Sears Holdings. I have agreed to assume these additional responsibilities in order to continue the company's recovery and sustain the momentum we are experiencing," Lampert said in the statement.