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Sears with the hope that he would be able to reverse the company's declining public image and sales, restoring the store to prior relevance which had faded since the adoption of online shopping. Prior to his hire, the company suffered from consistent declines in both sales and its stock valuation, mostly due to the ongoing macroeconomic environment, as well as delays with the new
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in 2002 as vice president for services and by July 2006, he became president and chief executive officer. He had been president of global sales and marketing at Avaya, and prior to that had been in charge of Avaya's $ 2 billion global services business unit, including network consulting, integration,
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named D'Ambrosio chief executive officer and president after a 3 year long search to find a new CEO, for the six months prior to his election as CEO, he worked on the company's board of directors. He had worked as a consultant to Sears' board for the previous six months. D'Ambrosio was brought to
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after college, working there for sixteen years. During his time at IBM, D'Ambrosio held various leadership roles in IBM Global
Services, Software, and sales and marketing, including leading the company's worldwide strategy for IBM Global Service and field operations for IBM software. He led a
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market. His leadership also saw Avaya transition from selling hardware to selling software as the company continued to grow in value. Additionally, during his tenure as CEO, he took Avaya private, delivering attractive returns to its shareholders.
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vertical business unit in Asia
Pacific and was a member of IBM's worldwide management committee. When he left the company in August 2002, he was responsible for worldwide sales and marketing for IBM's $ 12 billion software group.
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product line. On
January 7, 2013, it was announced that he would step down at the end of its fiscal year on February 2, 2013 due to family health matters.
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maintenance and managed services. His work turned Avaya into one of the leading companies in the IP
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205:, a nonprofit biomedical research institution in Bar Harbor, Maine. D'Ambrosio presented at the
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On August 19, 2013, it was announced he would be chairman of the board for Sensus, based in
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189:. After serving as executive chairman of Sensus, D'Ambrosio was a senior advisor at
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635:"Exclusive: Smartgrid firm Sensus looks to hire after landing huge contract in UK"
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and served on panel discussions. D'Ambrosio was one of the executive producers of
106:, and he also served as executive chairman of Sensus. D'Ambrosio also worked at
240:"Penn State Distinguished Alumnus Lou D'Ambrosio embraces a life of learning"
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In
February 2010, D'Ambrosio was elected to the board of trustees of the
193:. He later became a partner at the firm and leads its Value Accelerator.
674:""Hamilton" Star Mandy Gonzalez Brings Her Fearless Show to Bay Street"
659:"D'Ambrosio, Evnin elected to The Jackson Laboratory Board of Trustees"
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557:"Sears Names Former Avaya CEO As New Chief After 3-Year Search"
440:"Sears Holdings Appoints D'Ambrosio as Chief Executive Officer"
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for 16 years and served on its worldwide management committee.
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94:is an American business executive and a partner at
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49:
39:
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287:"Fortune 500 CEOs: Where did they go to B-school?"
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583:"Sears Holdings announces CEO is stepping down"
315:"IBM Software Exec D'Ambrosio Abruptly Quits"
8:
529:"Sears Names New CEO With Technology Resume"
473:"At Sears, Excessive Confidence Has a Price"
687:
29:
381:"New Sears CEO needs to fix sales, image"
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346:"Sears CEO Louis D'Ambrosio to step down"
344:Shropshire, Corilyn (January 8, 2013).
226:
600:Shropshire, Corilyn (8 January 2013).
555:Solsman, Joan E. (February 23, 2011).
313:DeMarzo, Robert C. (August 12, 2002).
559:. Dow Jones Newswires. Archived from
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761:American technology chief executives
751:Pennsylvania State University alumni
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602:"Sears CEO D'Ambrosio to step down"
527:Bustillo, Miguel; Lublin, Joann S.
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672:Taylor, David (August 21, 2018).
499:Lawson, Stephen (July 25, 2006).
741:American retail chief executives
261:"Biography of Louis D"Ambrosio"
746:Harvard Business School alumni
285:Byrne, John A. (May 5, 2011).
1:
124:Pennsylvania State University
54:Pennsylvania State University
661:. BioSpace. March 16, 2010.
136:) in 1986 and received his
27:American business executive
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633:Smith, Rick (2013-08-20).
263:. RILA.com. Archived from
98:. He is the former CEO of
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438:Coleman-Lochner, Lauren.
100:Sears Holding Corporation
114:Early life and education
534:The Wall Street Journal
187:Raleigh, North Carolina
142:Harvard Business School
58:Harvard Business School
501:"Avaya CEO steps down"
118:D'Ambrosio earned his
18:Louis D'Ambrosio
379:Skariachan, Dhanya.
207:World Economic Forum
705:President & CEO
691:Business positions
120:Bachelor of Science
92:Louis J. D'Ambrosio
44:Louis J. D'Ambrosio
589:. January 7, 2023.
478:The New York Times
417:The Economic Times
356:on January 9, 2013
203:Jackson Laboratory
173:In February 2011,
160:D'Ambrosio joined
152:D'Ambrosio joined
34:Lou D'Ambrosio
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718:Charles Giancarlo
715:Succeeded by
614:on 8 January 2013
412:"The big connect"
410:Banerjee, Rajiv.
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696:Preceded by
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246:. June 14, 2023.
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642:. Retrieved
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618:27 December
730:Categories
644:2018-03-29
360:2018-03-29
296:2018-03-29
271:2023-07-24
244:Penn State
221:References
587:USA Today
512:March 29,
506:InfoWorld
329:March 29,
291:CNN Money
167:Telephony
64:Employers
215:Fearless
423:11 June
392:11 June
386:Reuters
180:Kenmore
567:30 Aug
540:2 July
484:2 July
451:2 July
148:Career
708:Avaya
197:Other
162:Avaya
140:from
104:Avaya
76:Avaya
620:2018
569:2011
542:2023
514:2018
486:2023
453:2023
425:2023
394:2023
331:2018
132:and
102:and
40:Born
319:CRN
154:IBM
138:MBA
108:IBM
71:IBM
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