Sears Canada Inc. announced the appointment of Ronald D. Boire as Acting President and Chief Executive Officer, effective October 15, 2014. Mr. Boire was most recently Executive Vice President, Chief Merchandising Officer and President, Sears and Kmart Formats, Sears Holdings Corporation in Hoffman Estates, Illinois. Prior to joining Sears Holdings in January, 2012, Mr. Boire was President and CEO at Brookstone Inc. Douglas C. Campbell, who announced his resignation as the company's President and CEO last month, has agreed to work with Mr. Boire on the transition through to the end of the year.

The company is continuing its search for a permanent replacement for Mr. Campbell, and Mr. Boire is a leading candidate in that process.