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Charles Chinni to retire from JCPenney

Dec '06
J. C. Penney Company Inc announced the retirement of Charles Chinni, executive vice president, Home and Leisure, Women's Accessories and Family Footwear.

President and Chief Merchandise Officer, Ken Hicks, noted, “Charlie's prestigious retail career is marked by solid leadership contributions, including his tenure with JCPenney."

"Since joining us in 2001, Charlie championed the expansion of The JCPenney Home Collection into one of the nation's largest private home brands - which now includes our exclusive partnership with leading designer Chris Madden and our new modern furnishing offering, Studio by JCPenney Home Collection."

"Additionally, under Charlie's leadership, Women's Accessories and Family Footwear continue to be among our strongest merchandise categories.” Until his official retirement date in February 2007, Mr. Chinni will assume the position of special advisor to Mr. Hicks.

Jeffrey Allison has been named Chinni's successor. Effective Dec. 1, Allison will assume the position of executive vice president and general merchandise manager, Home and Custom Decorating, responsible for the strategic leadership in the development of the merchandise and marketing business plans for the Company's multi-billion dollar Home business and Custom Decorating divisions. Allison will report directly to Ken Hicks.

Allison joined JCPenney in March of 2000 as senior vice president, planning and allocation. In 2005 he was named executive vice president of Planning and Allocation, his most recent assignment.

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