Wall Street Journal |
Sniping over JC Penney leadership heats up
USA TODAY SHARECONNECTTWEETCOMMENTEMAILMORE. J.C. Penney's chairman of the board fired back at hedge-fund manager William Ackman, also a member of the retailer's board, who has called for current CEO Myron Ullmann III to resign as CEO. Billionaire Bill Ackman Takes On The World Ackman demands JCP board meeting, new chairman Ackman Pressures JC Penney to Find New CEO |