April 10 Three more top executives at J.C.
Penney have left the ailing retailer, the New York Post
reported, following the ouster of Chief Executive Ron Johnson.
Chief Operating Officer Mike Kramer, Chief Talent Officer
Daniel Walker and Chief Creative Officer Mike Fisher exited the
retailer on Wednesday, it said.
In a controversial move, the struggling department store
chain parted ways with Johnson, who failed to win over shoppers
and investors with his everyday-low-price strategy, and on
Monday rehired Johnson's predecessor, former CEO Myron Ullman,
to revive the company.
Citing a source close to the retailer, the newspaper said
Kramer resigned but added it was not clear whether Walker and
Fisher left voluntarily. ()
J.C. Penney could not immediately be reached for comment by
Reuters outside of regular U.S. business hours.
The three executives, like Johnson, had previously worked at