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

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Portrait de Edward Lampert
Birthday : 07/22/1962
Place of birth : Roslyn (New York) - USA
Public asset : 1,019,445,120 USD
Country of residence : USA
Linked companies : Seritage Growth Properties - Sears Holdings Corp

Summary 
Mr. Edward S. Lampert is Chairman-Trustees Board at Seritage Growth Properties, Chairman & Chief Executive Officer at Sears Holdings Corp., Chairman & Chief Executive Officer at Sears, Roebuck & Co. and Chief Executive Officer at ESL Investments, Inc.

He is also the Chairman of ESL Investments which he founded in April 1988.

He has extensive experience in business and finance, and he has invested in many retail companies.

Mr. Lampert was previously employed as Chairman by Kmart Holding Corp.

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

He received his undergraduate degree from Yale University.


Current positions of Edward Lampert 
NameTitle Since
Seritage Growth Properties
(Commercial REITs)
Chairman 2015
Sears Holdings Corp
(Department Stores)
Chairman & Chief Executive Officer 2005
Sears, Roebuck & Co. Chairman & Chief Executive Officer 2005
ESL Investments, Inc. Chief Executive Officer 1988


Holdings of Edward Lampert 
NameEquities%Valuation
AutoNation, Inc. (AN)
Auto Vehicles, Parts & Service Retailers
11,490,95911.3%484,458,831 USD
Sears Holdings Corp (SHLD)
Department Stores
32,044,98929.9%283,918,603 USD
Lands' End, Inc. (LE)
Apparel & Accessories Retailers
12,595,30239.3%187,670,000 USD
Sears Hometown and Outlet Stores Inc (SHOS)
Department Stores
8,254,72836.4%22,287,766 USD
Seritage Growth Properties (SRG)
Commercial REITs
530,6151.88%22,259,299 USD
Sears Canada Inc (SCC)
Department Stores
23,504,51623.1%18,850,622 USD
SERITAGE GROWTH PROPERTIES CL B865,5220.0000%0 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



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Edward Lampert : Connections 
Fairholme Funds, Inc.
Olympus Re Insurance Co. Ltd.
Fairholme Trust Co. Llc
Cleveland Browns LLC
Prestige Cruises International, Inc.
American Bar Association
Fairholme Capital Management LLC
University of Pennsylvania
March of Dimes Foundation
Mets, Inc.


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