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J C Penney Company Inc Ousts CEO Ron Johnson-DJ

Monday, 8 Apr 2013 05:33pm EDT 

Dow Jones reported that J C Penney Company Inc Chief Executive Officer Ron Johnson has been ousted, after his attempt at engineering a turnaround at the retailer failed to take hold. The Company has named Myron E. Ullman III as its new CEO. Mr. Ullman was CEO of Penney until late 2011. 

Company Quote

0.11 +1.46%
26 Jan 2015