Sears names former Dell exec to board

Hoffman Estates, Ill.-based Sears Holdings has elected Kevin Rollins, former CEO of Dell, to its board of directors, bringing the total number of directors to eight.

Rollins, 55, left Dell in January of last year, and is currently a senior adviser to the private investment firm TPG Capital, formerly known as Texas Pacific Group.

"Kevin Rollins is an accomplished businessman whose experience leading a company in Fortune's top 50 will be invaluable as we continue to implement Sears Holdings' revised organizational and internal management structure," said Sears Holdings chairman Edward Lampert in a statement.

Rollins also serves on the board of Avaya and is a member of the President's Leadership Council and the Marriott School National Advisory Council at Brigham Young University, where he founded and continues to sponsor the Rollins Center for E-Commerce.

Sears Holdings also announced it will be releasing financial results for the fourth quarter and year of 2007 on Feb. 28.

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