PM BRIEFING : Albert Casey Back on Sears Board

Albert V. Casey, chairman and chief executive officer of First RepublicBank Corp., was elected today to the board of directors of Sears Roebuck and Co.

Casey, 68, a former president of Times Mirror Co., served as a Sears director from August, 1981, to January, 1986, when he resigned upon being appointed postmaster general of the United States. He returned to the Sears board in October of 1986, after resigning as postmaster general. In May, 1988, he left again to devote full time to his new duties at First RepublicBank Corp. A former chairman and chief executive officer of AMR Corp., American Airlines, where he remains on the board, Casey also serves as a director of Times Mirror, Colgate-Palmolive Co. and Memorex Telex.