Mangone back in at JCPenney, Wooster out


JCPenney CEO Mike Ullman has rehired Ken Mangone and let Nickelson Wooster go.

Guest Editorial: The new old JCPenney

Fred Rosenfeld

Fred Rosenfeld: When Ron Johnson took over as CEO of JCPenney, he laid off thousands. And then Johnson fired his customers.

JCPenney fires Johnson, rehires Ullman

Myron Ullman

JCPenney’s board of directors has let CEO Ron Johnson go and rehired former chief executive Myron “Mike” Ullman.

JCPenney gets new board chairman


Mike Ullman is stepping down as executive chairman of the JCPenney board and Thomas J. Engibous, a board member since 1999, will become chairman.

New JCPenney CEO to undergo 3-month transition


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 […]

Apple’s Johnson to succeed Ullman at JCPenney


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 […]