Louis J D'Ambrosio Net Worth is8.4 $Million
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Louis J. D'Ambrosio is the Chief Executive Officer of Sears Holdings Corporation. Prior to that, he was President and Chief Executive Officer of Avaya, responsible for the overall strategy, direction and operations of the corporation.
D'Ambrosio received his M.B.A. from Harvard Business School and Bachelor of Science from Pennsylvania State University, Summa cum laude and Valedictorian.
D'Ambrosio joined IBM after college, working there for sixteen years. When he left the company in August 2002, he was responsible for worldwide sales and marketing for IBM's $12 billion software groupl.
In July 2006, he became president and chief executive officer at Avaya, responsible for Avaya's $5 billion revenue stream. He had been President, Global Sales and Marketing at Avaya, and prior to that had been in charge of Avaya's $2 billion Global Services business unit, comprising 7,000 professionals across the full life-cycle of services, including network consulting, integration, maintenance and managed services.
In February 2011, Sears Holdings Corp. named D'Ambrosio as their new chief executive officer and president. He had worked as a consultant to Sears' board for the previous six months.
In February 2010, D'Ambrosio was elected to the Board of Trustees of The Jackson Laboratory, a nonprofit biomedical research institution in Bar Harbor, Maine.

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Louis J D'Ambrosio Latest News

Sears Hit After Eddie Lampert Takes CEO Spot

Retail giant Sears (NASDAQ: SHLD) announced Monday that CEO Louis J. D'Ambrosio will step down February 2, citing family health matters. D'Ambrosio will remain on the Board of Directors until May. In his spot, Chairman Eddie Lampert will take oer the CEO ...
Posted: January 8, 2013, 5:42 am

New Sears CEO D'Ambrosio gets $7.2M in compensation

Sears Holdings, which owns the Kmart and Sears chains, said Wednesday that it had named technology industry executive Louis J. D'Ambrosio CEO after a three-year search, effective the following day. He had served for six months as a consultant to the ...
Posted: March 1, 2011, 9:10 am

D'Ambrosio steps down as Sears CEO

Hoffman Estates-based Sears Holdings Corp. said Monday that Chief Executive Officer Louis J. D'Ambrosio will step down due to family health matters by Feb. 2. Edward S. Lampert will then assume the role of CEO in addition to his role as board chairman.
Posted: January 7, 2013, 1:01 pm
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