Penney CEO Out, Old Boss Back In – Wall Street Journal
 Wall Street Journal |
Penney CEO Out, Old Boss Back In
Wall Street Journal J.C. Penney Co. dumped Ron Johnson, the chief executive it poached from Apple Inc. with great fanfare 17 months ago, replacing him midway through a major overhaul of its stores that has produced a disastrous drop in sales. Penney's board met Monday … Back to the Future: Mike Ullman Rejoins JCP as CEO JC Penney board comes under fire for CEO switch Ron Johnson Out At JC Penney, Replaced By Former Chief Mike Ullman |
