Sears loses two veteran executives

CHICAGO, Feb. 22 (UPI) -- Sears Holding Corp. has announced a shift in management with two veteran executives with 30 years each at the retailer resigning.

Greg Inwood, who was in charge of Craftsman tools and hardware left the company several weeks ago, The Chicago Tribune reported.

Vice president of Sears home appliances, Tina Settecase, left Friday, a company spokesman said.

Steven Light, a vice president of inventory management will take over the home appliances division, while Dave Figler will replace Inwood as the head of hardware, the report said.

Sears is re-organizing by dividing operations into smaller units in order to improve accountability and decision making.