Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- proper noun informal Nickname for JCPenney.
Etymologies
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Examples
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"Ron and Mike both believe it would help the transition to have a short period during which they will work together to lead the company," J.C. Penney's lead director Thomas J. Engibous said in a statement.
Penney Fixes Handoff Date Joann S. Lublin 2011
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The three-month transition period, laid out Monday, comes after questions were raised last week about Penney's plans for the handoff, which included leaving a high number of usual CEO responsibilities under Mr. Ullman as executive chairman for an indefinite period.
Penney Fixes Handoff Date Joann S. Lublin 2011
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The original division of labor came as a surprise to activist investors on Penney's board.
Penney Fixes Handoff Date Joann S. Lublin 2011
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More Earlier: Penney Picks Boss From Apple Penney now says it will limit the transition period to the three months that align with the critical fourth quarter holiday sales period, which last year accounted for nearly a third of Penney's annual sales.
Penney Fixes Handoff Date Joann S. Lublin 2011
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Bloomberg News Penney's Mike Ullman will shift all duties to Ron Jonson on Feb. 1 The Wall Street Journal reported Friday that management experts described the initial plan for the sharing of duties as unusual and said the arrangement risked confusion in the department store's executive ranks about who was in charge.
Penney Fixes Handoff Date Joann S. Lublin 2011
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The three-month transition period, laid out Monday, comes after questions were raised last week about Penney's plans for the handoff, which included leaving a high number of usual CEO responsibilities under Mr. Ullman as executive chairman for an indefinite period.
Penney Fixes Handoff Date Joann S. Lublin 2011
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More Earlier: Penney Picks Boss From Apple Penney now says it will limit the transition period to the three months that align with the critical fourth quarter holiday sales period, which last year accounted for nearly a third of Penney's annual sales.
Penney Fixes Handoff Date Joann S. Lublin 2011
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Getty Images Ron Johnson Mr. Johnson, 52, credited with building Apple's ground-breaking retail business, will join Penney's board on Aug. 1 and start as CEO on Nov. 1.
Penney Fixes Handoff Date Joann S. Lublin 2011
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"Ron and Mike both believe it would help the transition to have a short period during which they will work together to lead the company," J.C. Penney's lead director Thomas J. Engibous said in a statement.
Penney Fixes Handoff Date Joann S. Lublin 2011
-
Getty Images Ron Johnson Mr. Johnson, 52, credited with building Apple's ground-breaking retail business, will join Penney's board on Aug. 1 and start as CEO on Nov. 1.
Penney Fixes Handoff Date Joann S. Lublin 2011
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