Sears Canada CFO To Step Down

Sears Canada Inc. 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.