Labor & Employment

By Scott W. Bermack, [email protected]

Hoffman Estates, Ill. -- Sears Holdings Corp. in a regulatory filing on Friday reported that its newly named CEO Louis J. D'Ambrosio will be compensated $7.2 million and a charter airplane for his commute from Pennsylvania to Illinois, as calculated and reported by the Associated Press.

D’Ambrosio will also be eligible for a bonus of up to $2 million, according to the report.

BEAUMONT, Texas -- Conn’s announced that it has appointed Theodore Wright to the position of interim CEO and president, following the news that Timothy Frank will step down as president and CEO of the company and resign as a director to pursue other opportunities.Conn’s said it will immediately commence a formal search to identify a permanent CEO.

Deerfield, Ill. -- Walgreen Co. said Friday that Hal F. Rosenbluth, president of the drug retailer’s health-and-wellness division, will retire in April. He will, however, stay on as a senior consultant to the CEO for healthcare services.

Rosenbluth was a co-founder of Take Care Health Systems, which was acquired by Walgreens in 2007.

CINCINNATI — Kroger has announced the appointment of Cindy Holmes to director of investor relations and Carin Fike to director and assistant treasurer. Both changes will be effective March 6.

Fike will report to Kroger's treasurer, Scott Henderson; Holmes will report to Kroger's CFO, Michael Schlotman.

Holmes, 42, began her career with Kroger in 1990 in the information systems and services department, and for the past 10 years, she has served as the company's assistant treasurer.

Los Angeles -- Caruso Affiliated said it has named Paul Kurzawa as the company’s new COO, a newly created position for the company. Kurzawa was previously executive VP operations for Caruso.

The firm also outlined a comprehensive expansion program that is designed to double its size in the next five years, according to founder and CEO Rick Caruso. Caruso outlined the company’s business goals and platform for growth at a recent employee meeting.

DEERFIELD, Ill. — Walgreens on Friday announced that Hal Rosenbluth will retire as president of its health-and-wellness division in April, but will continue with the company as a senior consultant to the CEO for healthcare services.

Rosenbluth was a co-founder of Take Care Health Systems, which was acquired by Walgreens in 2007. Prior to that, he led Rosenbluth International, a global travel management company, which he sold to American Express in 2003.

Los Angeles -- Robertson Properties Group said it has named John Manavian executive VP real estate, design & development, responsible for oversight of the firm’s real estate portfolio, development projects and the roll-out of ArcLight Cinemas.

Robertson Properties Group is affiliated with Pacific Theatres and ArcLight Cinemas, which are all part of the Decurion Corp.