Summary
PLANO, Texas -- J.C. Penney Co. Inc. named a former chairman and chief executive of Macy's to lead the department store company, replacing Allen Questrom.
Myron E. Ullman III, currently an executive with luxury retailer LVMH Moet Hennessy Louis Vuitton, will take Questrom's place on Dec. 1, Penney said Wednesday.See the full content of this document
Extract
J.C. Penney Names a New Chief
Questrom, 64, had led a 4-year turnaround effort that recently resulted in rising sales at Penney's department stores. He had hinted he plan...
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