Plano, TX — J. C. Penney Company, Inc. has named Michael W. Kramer chief operating officer, effective Dec. 5, 2011. He will report to CEO Ron Johnson.
Plano, TX — J. C. Penney Company, Inc. has named Michael W. Kramer chief operating officer, effective Dec. 5, 2011. In this role, Kramer will be responsible for finance, investor relations, corporate strategy, and information technology. He will report to CEO Ron Johnson.
Kramer is a seasoned retail executive with nearly 20 years of executive leadership experience. Since 2008, he has been president and CEO of Kellwood Company, where he oversaw a portfolio of premier fashion brands, including Scotch & Soda, Vince, Rebecca Taylor, ADAM, BLK DNM, David Meister and XOXO, among many others. Prior to that, he was executive vice president and CFO at Abercrombie & Fitch. From 2000 to 2005, he was at Apple, Inc., where he served as CFO of Apple Retail.
J. C. Penney Company, Inc., one of America’s leading retailers, operates over 1,100 jcpenney department stores throughout the United States and Puerto Rico. For more information, visit www.jcpenney.net.