Plano, Texas — J. C. Penney Company, Inc. has planned a series of leadership actions taking place over the next few months that will assemble a cross-functional executive team.
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Plano, Texas — J. C. Penney Company, Inc.’s board of directors has appointed Jill Soltau as chief executive officer and a member of the board, effective October 15, 2018. Soltau is a 30-year retail veteran who most recently served as president and CEO of JOANN Stores, the nation’s largest fabric and crafts retailer, after serving as president of Shopko Stores.
Plano, Texas — Jeffrey Davis has informed J. C. Penney Company, Inc. that he is resigning from his position as executive vice president and chief financial officer, effective October 1, to join Qurate Retail Group. Jerry Murray, senior vice president of finance, will assume the position of interim chief financial officer, reporting directly to the Office of the CEO.
Chicago — In South Chicago, Ford City Mall has signed lease extensions with anchor stores Carson’s and JCPenney, and both retailers are planning interior renovations. JCPenney will also add a new Sephora store inside, which is expected to open in late spring 2016.