Julian was a key factor in one of the most dramatic recoveries in the history of retail and, as a director, has helped set the stage for the success of Sears Holdings.
Lampert added that he wishes both Mike and Julian well in their future endeavors."
The company announced that effective after its 2006 Annual Meeting of Stockholders on April 12, the size of its board of directors will be reduced from 11 to 9 members.
Messrs Miles and Day will continue to serve as Directors of Sears Holdings until that time.
Sears Holdings Corporation is the nation's third largest broadline retailer, with approximately $55 billion in annual revenues, and with approximately 3,900 full-line and specialty retail stores in the United States and Canada.
Sears Holdings is the leading home appliance retailer as well as one of the leading retailers of tools, lawn and garden, home electronics and automotive repair and maintenance.
Sears Holdings Corporation