Member access

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Portrait de Edward Lampert
Birthday : 07/22/1962
Place of birth : Roslyn (New York) - USA
Public asset : 2,634,955,368 USD
Country of residence : USA
Linked companies : Sears Holdings Corp

Summary 
Mr. Edward S. Lampert is Chairman & Chief Executive Officer at Sears Holdings Corp. and Chief Executive Officer at ESL Investments, Inc.

Prior to founding ESL Investments in April 2008, Mr. Lampert was employed as a Chairman by Kmart Holding Corp.

He also served on the board at AutoNation, Inc. and AutoZone, Inc.

He received his BA in Economics, Summa Cum Laude from Yale University.


Current positions of Edward Lampert 
NameTitle Since
Sears Holdings Corp
(Department Stores)
Chairman & Chief Executive Officer 2005
ESL Investments, Inc. Chief Executive Officer 1988


Holdings of Edward Lampert 
NameShares%Valuation
Sears Holdings Corp (SHLD)
Department Stores
25,315,23423.8%1,011,090,446 USD
AutoNation, Inc. (AN)
Auto Vehicles, Parts & Service Retailers
13,289,94511.7%817,996,115 USD
Gap Inc (GPS)
Apparel & Accessories Retailers
6,430,5091.53%254,905,377 USD
Lands' End, Inc. (LE)
Apparel & Accessories Retailers
7,564,40923.7%222,242,336 USD
Sears Canada Inc (SCC)
Department Stores
22,652,65622.2%173,519,345 USD
Sears Hometown and Outlet Stores Inc (SHOS)
Department Stores
5,733,48825.2%39,733,072 USD


Edward Lampert : Personal Network 


Biography of Edward Lampert 
Edward S. 'Eddie' Lampert (born July 19, 1962) He previously served as a director of AutoZone, Inc. from July 1999 to October 2006.

Early life and education
Lampert was born in 1962 to Dolores Lampert and Floyd M. Lampert. His mother was a housewife. His father was a senior partner in the law firm of Lampert & Lampert in New York City. He has a younger sister Tracey.

Lampert's grandmother was a passive investor and big fan of Louis Rukeyser's Wall Street Week television program. She instilled in him an interest in investing. His mother would later recall that young Eddie would sit with his grandmother reviewing and evaluating the performance of her stock picks in the daily newspaper.

Lampert's father died at the age of 47 leaving the family impoverished and forcing his mother to take a job as a clerk at Saks Fifth Avenue. His mother would later say: 'Eddie really assumed the responsibility, knowing that life had changed and we had to accomplish something by ourselves now.' and Phi Beta Kappa.

Career
In July 1984, Lampert worked as an intern at Goldman Sachs, and then worked in the firm's risk arbitrage department from March 1985 to February 1988. While there, he worked directly with Robert Rubin. When Lampert decided to go out on his own, Rubin warned him it would be a bad career decision.

In April 1988, Lampert left the bank to form ESL Investments, based in Greenwich, Connecticut (the name ESL derives from Lampert's initials). Richard Rainwater, whom Lampert had met on Nantucket Island, gave him $28 million in seed money and introduced him to clients, such as David Geffen.

Lampert's investment style can best be described as 'concentrated value', often focusing on the retail sector. Lampert typically holds his investments for several years and usually has between three and fifteen stocks in his portfolio. His investment style has drawn comparisons to the financier Warren Buffett. In 2006, Lampert was the richest person in Connecticut with a net worth of $3.8 billion.cite web | title=The 400 Richest Americans (Connecticut Rankings) |


Source @ Wikipedia



Most Read News 
05/15 GEORGE SOROS : A few managers boost Herbalife stakes in first quarter joining Soros, Icahn
05/15DJGEORGE SOROS : Third Point Sells Entire $1 Billion Stake in Alibaba
05/15DJCARL ICAHN : Icahn Takes $100 Million Stake in Ride-Sharing Startup Lyft--Update
05/20 JOHN MALONE : Vodafone shares rise on Malone's Liberty tie-up comments
05/21 ANSHU JAIN : Deutsche Bank gives Jain more power in shake-up, investors object
05/15 WARREN BUFFETT : Buffett's Berkshire adds to favorites IBM, Wells Fargo
05/15 DOV CHARNEY : American Apparel sues Charney for violating standstill agreement
05/20 DAVID HENRY : SEC grants waivers to banks after guilty pleas
05/14DJJOHN DONAHOE : Proxy Firms Urge Intel Shareholders to Vote No on eBay's Donahoe -- Update
05/14DJROBERT STEWART : Perella Weinberg Banker Charged in Insider Case--2nd Update
More news


© 2015 People and Ownership :   
Advertisement
Edward Lampert : Connections 
Carlson Wagonlit Travel, Inc.
Sculpture Garden Board
Dune Capital International Ltd.
The Museum of Contemporary Art, Los Angeles
Los Angeles Police Foundation
Riverdale Country School, Inc. (New York)
NewYork-Presbyterian Hospital
Hirshhorn Museum & Sculpture Garden
NYU Langone Medical Center
Greenberg Traurig PA
Seritage Growth Properties


Latest news about Edward Lampert 
More news


Popular Business Leaders 
Paul Allen Mukesh Ambani Bernard Arnault Ernesto Bertarelli Conrad Black Vincent Bolloré Martin Bouygues Richard Branson Warren Buffett Paul Desmarais Albert Frère Bill Gates Philip Green Carl Icahn Steve Jobs Li Ka-shing Arnaud Lagardère Peter Lynch Maurice Lévy Lakshmi Mittal Rupert Murdoch Xavier Niel Nelson Peltz Patrick Ricard Jim Rogers Naguib Sawiris Carlos Slim George Soros Donald Trump Alain Weill
A-Z Business Leaders