This
can be said of Louis D’Ambrosio. His academic credentials put him in the
exclusive lane of career high fliers. Louis earned his MBA from Harvard
Business School and a Bachelor of Science from Pennsylvania State University,
Summa cum laude and Valedictorian.
After
college he joined IBM and worked there for 16 years. He left IBM in August
2002, by that time Louis was responsible for worldwide sales and marketing for
the company’s $12 billion software group. Having reached this high level of
work responsibility and experience it was only natural that he would be dealing
with companies will multi-billion dollar sales.
Louis next became
involved with business communications company Avaya. He was head of Avaya’s $2
billion Global Services business unit composed of 7,000 professionals across
the full life-cycle of services, including network consulting, integration,
maintenance and managed services. Louis then became President of Global Sales
and Marketing. He finally got the top
positions of President and CEO of Avaya in July 2006.
While
this would have been a life-time goal or achievement for some; as for Louis he moved
on and joined Sears Holdings in February in 2011 as CEO. This firm operates 2,600 stores in the U.S.
and Canada with its Sears and Kmart chains.
This
was a challenging job as Sears Holdings was for years experiencing declining
sales. As mentioned by the Chairman of Sears, Louis helped Sears become a more
customer-focused company. Sales though did not improve and in fact continued to
decline. Share price of the company was beginning to rise despite losses. Due to health
issues involving his family Louis decided to step down in February 2012.
It
was a short stint at Sears but he had now moved on and it was publicly
announced on August 19, 2013 that he will assume the role of Chairman of the
Board of Sensus “a leading provider of clean-technology solutions” based in
Raleigh, North Carolina.
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