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Last $8.29 USD
Change Today +0.09 / 1.10%
Volume 7.3M
JCP On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 8:04 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

j.c. penney co inc (JCP) Key Developments

J. C. Penney Company, Inc. Announces Executive Changes

Effective August 1, 2015, the board of directors of J. C. Penney Company, Inc. has elected Marvin R. Ellison, as chief executive officer of the company. Mr. Ellison will succeed Myron E. Ullman, III who will become chairman of the board of the company at that time. In connection with these organizational changes, Thomas J. Engibous, currently chairman of the board of the company, will become lead independent director on August 1, 2015. Mr. Ellison has served as president and CEO-Designee of the company since November 2014. Prior to joining the company, Mr. Ellison served in various positions of increasing importance with The Home Depot, Inc. since 2002, including executive vice president - U.S. Stores from 2008 to 2014; president - Northern Division from 2006 to 2008; senior vice president - Logistics from 2005 to 2006; vice president - Logistics from 2004 to 2005; and vice president - Loss Prevention from 2002 to 2004. Effective July 21, 2015, the board has elected Amanda Ginsberg as a member of the board. There are no arrangements or understandings between Ms. Ginsberg and any other person pursuant to which she was elected as a director. Ms. Ginsberg will serve on the human resources and compensation committee, the corporate governance committee and the committee of the whole of the board.

J. C. Penney Company, Inc. Elects Mandy Ginsberg to its Board of Directors

J. C. Penney Company, Inc. announced that Mandy Ginsberg, an accomplished leader with extensive online consumer acumen, has been elected to its board of directors. Ginsberg is the chief executive officer of The Princeton Review and Tutor.com. Prior to The Princeton Review and Tutor.com, Ginsberg held the position of chief executive officer for Match.com. While at Match.com, she previously held the role of senior vice president and general manager. Prior to that, Ginsberg was vice president and general manager of Chemistry.com, a premium offering from Match.com.

J. C. Penney Company, Inc. Presents at Oppenheimer 15th Annual Global Consumer Conference, Jun-23-2015 01:05 PM

J. C. Penney Company, Inc. Presents at Oppenheimer 15th Annual Global Consumer Conference, Jun-23-2015 01:05 PM. Venue: Four Seasons Hotel, 200 Boylston Street, Boston, Massachusetts, United States. Speakers: Edward J. Record, Chief Financial Officer and Executive Vice President, Marvin R. Ellison, President and Director.

J. C. Penney Company, Inc. Presents at Piper Jaffray 35th Annual Consumer Conference, Jun-10-2015 12:15 PM

J. C. Penney Company, Inc. Presents at Piper Jaffray 35th Annual Consumer Conference, Jun-10-2015 12:15 PM. Venue: New York Palace Hotel, New York, New York, United States. Speakers: Marvin R. Ellison, President and Director, Myron E. Ullman, Chief Executive Officer and Director.

J. C. Penney Company, Inc. Announces Management Changes

Effective June 8, 2015, the Board of Directors of J. C. Penney Company, Inc. has elected Andrew S. Drexler as Senior Vice President, Chief Accounting Officer and Controller of the company. In connection with his appointment, Mr. Drexler will become the company's principal accounting officer. Mr. Drexler succeeds Dennis P. Miller who will remain principal accounting officer until that time. Mr. Drexler, 44, is joining the company from Giant Eagle, Inc. where he served as Senior Vice President and Chief Financial Officer since 2014. The company at its annual meeting of stockholders held on May 15, 2015, approved election of Thomas Engibous and Steve Sadove as directors.

 

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JCP

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Valuation JCP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 1.4x
Price/Cash Flow 61.1x
TEV/Sales NM Not Meaningful
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