On June 10, 2014 the Board of Directors of Sears Hometown and Outlet Stores, Inc. elected Ryan D. Robinson as the company's Senior Vice President and Chief Financial Officer, effective June 16, 2014. Mr. Robinson succeeds Steven D. Barnhart, whose employment as the company's Senior Vice President and Chief Financial Officer will end June 13, 2014. Mr. Barnhart will remain with the Company until June 30, 2014 to facilitate an orderly transition.

Mr. Robinson served as Chief Financial Officer of Urgent Care MSO, LLC.