 Despite the unfailing support of the Sears Roebuck company, the "Britannica" almost went bankrupt over the next few years.Rosenwald died in 1932, and General Robert E. Wood took over; Cox was removed as publisher and the Secretary-Treasurer of Sears, Elkan Harrison Powell, was installed as the new President of the "Britannica".In that same year, the "Britannica's" headquarters were moved to Chicago, where they have remained.