JCPenney CEO Mike Ullman, who has returned to turn the retailer around following the departure of Ron Johnson last month, has outlined the first of his plans to improve the ailing business.
PLANO, Texas—JCPenney’s board of directors released further details today about Ron Johnson’s transition schedule as he takes over for Mike Ullman as CEO. The retailer had previously reported that former Apple Computer retail head Johnson would join JCPenney’s board in August and become chief executive in November. Now, the board has said that Johnson will […]
PLANO, Texas—JCPenney announced today that Apple executive Ron Johnson will be its new CEO starting in November, reporting to Mike Ullman, who will stay on as executive chairman. Johnson will join the company board in August. Johnson, who spent 15 years of his career at Target Corporation, has spent the last 11 years as SVP […]