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JCPenney JCP Announces Appointment of CEO Marvin Ellison as Successor to Myron Ullman as Chairman

Executive Summary

  • On July 21, JCPenney announced the appointment of current CEO Marvin Ellison to the additional role of Chairman, effective August 1, 2016.
  • Ellison succeeds current Chairman Myron Mike Ullman.
  • Ullman is retiring as part of a transition plan the company announced in 2014.

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