Sears Holdings Corporation announced the election of Bruce R. Berkowitz and Alesia J. Haas to membership on the Sears Holdings board of directors. Mr. Berkowitz serves as the Chief Investment Officer of Fairholme Capital Management, LLC, and is the President and a Director of Fairholme Funds Inc. Ms. Haas until recently served as Chief Financial Officer of OneWest Bank, NA. She was formerly the Head of Strategy for OneWest Bank, and her prior experience includes various investment banking, strategy and other roles with Merrill Lynch and General Electric.

The election of Mr. Berkowitz and Ms. Haas increases the size of Sears Holdings' board of directors to 10.