Home / Knowledge / News / Apparel/Garments / Ken Hicks exits JCP
Ken Hicks exits JCP
26
Jun '09
J. C. Penney Company Inc announced that Ken C. Hicks has resigned from his position as president and chief merchandising officer, effective July 6, 2009. Mr. Hicks has accepted the position of CEO with a publicly traded specialty retailer. JCPenney will conduct an executive search for Mr. Hicks' successor. In the interim, Myron E. (Mike) Ullman, III, chairman and chief executive officer, will assume Mr. Hicks' responsibilities.

Mr. Hicks, 56, has held his current position at JCPenney since 2005. He joined the Company in 2002 as president and chief operating officer of JCPenney's stores and merchandise operations, after having served as president of Payless ShoeSource Inc (now known as Collective Brands, Inc.). He is also a member of JCPenney's Board of Directors, and will resign from that position on July 6th.

"Through Ken's strong merchandising and marketing leadership, we have solidified our position in the hearts and minds of millions of customers across the country as the shopping destination for great style and quality at very affordable prices," said Mr. Ullman.

"JCPenney's Board of Directors and Associates are grateful for Ken's dedicated service and contributions to JCPenney's success and wish him the best of luck in his new position. We have a strong leadership team in place and look forward to adding to it in the near future with a worthy successor to Ken."

Mr. Hicks said, "It has been a tremendous privilege to have worked with the great retail team at JCPenney to reclaim its leadership position within the industry. While I am very excited about my new opportunity, I am proud of the strong position that JCPenney is now in for its future success."

J. C. Penney Company Inc

Must ReadView All

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Apparel/Garments | On 20th Jan 2017

Nine West acquiring womenswear marketer Kasper Group

US based footwear, accessories and denim company Nine West Holdings...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search