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Sears appoints new CFO

BY DSN STAFF

HOFFMAN ESTATES, Ill. — Sears Holdings announced Tuesday that Robert Schriesheim will join the company as EVP and CFO. Schriesheim, who starts with the company immediately as EVP, will assume his responsibilities as CFO, effective Aug. 22.

Schriesheim, 51, most recently was CFO for Hewitt Associates, leading the company’s global financial and administrative roles until its merger with Aon.

Prior to joining Hewitt, Schriesheim was EVP, CFO and a director of Lawson Software, the world’s third-largest, publicly-traded enterprise resource planning software company, where he helped lead a five-year corporate transformation. During this period, his strategic, operational and financial skills helped Lawson drive material improvement in gross margins and triple its operating margins, while investing in new products, quality upgrades and acquisitions to fund growth initiatives.

"We’re delighted to have Rob join our team at Sears Holdings. Rob is a proven global chief financial officer and brings excellent experience at driving operating performance and delivering value in complex organizations undergoing rapid change," Sears Holdings president and CEO Lou D’Ambrosio said. "Rob brings a passion for performance, creating value, and developing people. His leadership and financial acumen, together with his track record of delivering results, will be important skills as we accelerate our transformation and deliver compelling value to our customers, associates, and shareholders."

Schriesheim holds a master’s degree in business administration from the University of Chicago Booth School of Business and a bachelor’s degree in chemistry from Princeton University. He also is a member of The Economic Club of Chicago and The Chicago Club. He has served on numerous public corporate boards and currently is a director of Skyworks Solutions.

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Study: Effient reduces cardiovascular risk among younger, heavier patient cohort

BY Alaric DeArment

INDIANAPOLIS — A special group of patients who participated in a trial of a heart disease drug made by Daiichi Sankyo and Eli Lilly showed fewer heart attacks, strokes and deaths related to cardiovascular disease than patients taking a competing drug, according to an analysis of study results.

Researchers examined results from the "TRITON-TIMI 38" study of Effient (prasugrel), focusing on 10,804 patients who belonged to the "core clinical cohort," meaning patients who were younger than 75, weighed 132 lbs. or more and who had no prior history of stroke or transient ischemic attack, an episode in which a person has stroke-like symptoms for up to one or two hours; transient ischemic attacks are a warning sign of possible future strokes. The Food and Drug Administration approved Effient in 2009.

The analysis showed that among patients in the core clinical cohort, those taking Effient had a 26% reduction in their risk of heart attacks, cardiovascular death or stroke compared with those taking Plavix (clopidogrel), a drug in the same class made by Bristol-Myers Squibb and Sanofi.

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Smarter Shopping mobile app brings resources, answers to fingertips

BY Allison Cerra

OMAHA, Neb. — A free mobile application launched by ConAgra Foods, in partnership with "Supermarket Guru" Phil Lempert, seeks to offer consumers smarter ways to shop.

The new Smarter Shopping iPhone app hosts the following features:

  • The Supermarket Guru’s "Tip of the Week;"

  • The latest news and food trends with Lempert’s weekly Food News Today webcast, plus recalls and food safety alerts;

  • Lempert’s Hits and Misses feature for reviews and product ratings of the newest products at the grocery store;

  • An organics guide, which guides shoppers on which organic products are worth the additional cost;

  • A produce guide that directs consumers to which produce is ripe, or in season, in their area;

  • A recipe database for quick and easy recipes that you can sort by occasion, lifestyle and more; and

  • A label translator helps demystify some of the most common ingredients on labels.

"Thanks to my partnership with ConAgra Foods, consumers can now get handheld access to my weekly grocery shopping tips, food trends, recall information and more with a free iPhone app," Lempert said. "The new iPhone app offers the great Supermarket Guru resources and tips and news you’ve come to know and love, in a convenient, on-the-go format."

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