Kmart Corporation Elects Richard J. Statuto to Board of Directors

Apr 18, 2001, 01:00 ET from Kmart Corporation

    TROY, Mich., April 18 /PRNewswire/ -- Kmart Corporation (NYSE:   KM) today
 announced the election of Richard J. Statuto, 43, to its Board of Directors,
 effective April 17, 2001.
     Statuto is President and Chief Executive Officer of St. Joseph Health
 Systems, Orange, Calif., a $2.3 billion provider of hospital, physician, home
 care, wellness and insurance services.  He has held a variety of positions at
 St. Joseph Health Systems since joining the company in 1990 including Vice
 President of Marketing and Chief Operating Officer.  He also is Vice Chairman
 of the Board and chairs the Nominating Committee of CHRISTUS Health in Dallas,
 Texas.
     Prior to joining St. Joseph Health System, Statuto held product
 development and marketing positions at Procter and Gamble and at Bon Secours
 Health System in Maryland, and provided management consulting services for
 several industries while at Touche Ross & Company.  He received his B.E.
 degree in Chemical Engineering from Vanderbilt University and his MBA from
 Xavier University.
     Commenting on Statuto's election to the company's Board, Chairman and
 Chief Executive Officer Chuck Conaway said, "I am very pleased to welcome
 Richard Statuto to the roster of accomplished business leaders on Kmart's
 Board of Directors.  Richard's expertise in product development and marketing
 as well as the service industry will be of great value to the Kmart Board as
 we map corporate strategy to satisfy our customers better."
     Kmart Corporation is a near-$40 billion company that serves America with
 more than 2,100 Kmart and Kmart supercenter retail outlets.  Kmart donates
 $35 million each year to support its hometowns and local non-profit
 organizations.  Kmart associates also provide their most valuable resource --
 time -- everyday in their local communities.  In addition to serving all 50
 states, Kmart operations extend to the Caribbean Islands and Asia Pacific.
 More information about Kmart is available on the World Wide Web at
 www.bluelight.com under the "About Kmart" section.
 
 

SOURCE Kmart Corporation
    TROY, Mich., April 18 /PRNewswire/ -- Kmart Corporation (NYSE:   KM) today
 announced the election of Richard J. Statuto, 43, to its Board of Directors,
 effective April 17, 2001.
     Statuto is President and Chief Executive Officer of St. Joseph Health
 Systems, Orange, Calif., a $2.3 billion provider of hospital, physician, home
 care, wellness and insurance services.  He has held a variety of positions at
 St. Joseph Health Systems since joining the company in 1990 including Vice
 President of Marketing and Chief Operating Officer.  He also is Vice Chairman
 of the Board and chairs the Nominating Committee of CHRISTUS Health in Dallas,
 Texas.
     Prior to joining St. Joseph Health System, Statuto held product
 development and marketing positions at Procter and Gamble and at Bon Secours
 Health System in Maryland, and provided management consulting services for
 several industries while at Touche Ross & Company.  He received his B.E.
 degree in Chemical Engineering from Vanderbilt University and his MBA from
 Xavier University.
     Commenting on Statuto's election to the company's Board, Chairman and
 Chief Executive Officer Chuck Conaway said, "I am very pleased to welcome
 Richard Statuto to the roster of accomplished business leaders on Kmart's
 Board of Directors.  Richard's expertise in product development and marketing
 as well as the service industry will be of great value to the Kmart Board as
 we map corporate strategy to satisfy our customers better."
     Kmart Corporation is a near-$40 billion company that serves America with
 more than 2,100 Kmart and Kmart supercenter retail outlets.  Kmart donates
 $35 million each year to support its hometowns and local non-profit
 organizations.  Kmart associates also provide their most valuable resource --
 time -- everyday in their local communities.  In addition to serving all 50
 states, Kmart operations extend to the Caribbean Islands and Asia Pacific.
 More information about Kmart is available on the World Wide Web at
 www.bluelight.com under the "About Kmart" section.
 
 SOURCE  Kmart Corporation