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JC Penney names CEO Marvin Ellison also as chairman

23 Jul '16
1 min read

The board of directors of US apparel retailer, JC Penney has given CEO Marvin Ellison, the additional role of chairman, effective from August 1, 2016.

Marvin Ellison succeeds Myron Ullman who will be retiring in accordance with the transition plan that the company outlined in 2014.

Marvin Ellison has been CEO of JC Penney since August 1, 2015 and served as president and CEO-designee of from November 1, 2014 through July 2015.

From August 2008 through October 2014, he served as executive vice president (US Stores) at The Home Depot, a home improvement specialty retailer.

From June 2002 to August 2008, he served in a variety of operational roles at The Home Depot, including as president (northern division) and as senior vice president (global logistics).

Prior to joining The Home Depot, Ellison spent 15 years at Target Corporation in a variety of assets protection and operational roles. (AR)

Fibre2fashion News Desk - India

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