|jcpenney Announces Expansion of Its Leadership Team|
PLANO, Texas, April 26, 2012 /PRNewswire via COMTEX/ --Key to its vision of becoming America's favorite store, J. C. Penney Company, Inc. (NYSE: JCP) today announced the appointment of several acclaimed industry leaders who join the company as it redefines the jcpenney brand and revolutionizes the retail shopping experience.
Benjamin Fay, 40, has joined the jcpenney team as EVP, real estate, store design and development. Leading the Company's strategic presence in more than 1,100 locations in the U.S. and Puerto Rico, Fay will guide the development of the all new jcp store of the future intended to create an entirely new interface for retail. Additionally, he will be responsible for the implementation of the Shops(TM) strategy, as well as the remodel and maintenance of all existing jcp stores. Fay joins jcpenney from Apple, where he served as senior director of retail real estate, design and development. In this role, he led the design team responsible for upholding the brand image and unique design aesthetic associated with its worldwide portfolio of Apple retail stores. Prior to this position, Fay worked at Gensler on the Apple account, where his creative talents were instrumental to overseeing the standard design execution of Apple retail stores across the country. Fay will report to Chief Executive Officer Ron Johnson.
"Ben is an incredibly creative professional with extraordinary leadership skills. Having worked with him over the last 12 years, I am delighted to see Ben step into this new role at jcp," said Johnson. "His design influence has made the Apple stores highly regarded retail destinations around the world, and I am excited to have Ben place his own mark on jcp as we re-imagine the jcpenney store of the future."
John Singleton, 51, has been appointed EVP, chief supply chain officer. With nearly 20 years of industry experience, Singleton is responsible for leading the Company's global supply chain operations by overseeing its domestic and international transportation and distribution networks. Singleton is charged with simplifying the supply chain processes by driving quality and efficiency throughout jcpenney's logistics operations. Singleton previously worked for Abercrombie & Fitch, where he was responsible for distribution, transportation, trade policy and brand protection functions. Prior to that, Singleton served as senior vice president of logistics and trade at Ann Taylor Stores and held positions leading distribution efforts for The Stanley Works, Circuit City Stores and The Stride Rite Corporation. Singleton retired as a lieutenant colonel after 22 years of military service in the U.S. Air Force. Singleton will report to jcpenney Chief Operating Officer Mike Kramer.
Kristin Hays, 41, has been promoted to SVP, communications. In her new role, Hays will oversee the Company's corporate and internal communications functions, as well as investor relations. Through her leadership, all company communications will be strategically aligned to ensure messaging is cohesive and reinforces the new jcpenney brand. Hays joined jcpenney in 2002 as a litigation attorney and held a variety of leadership positions within legal, corporate communications and investor relations, most recently as vice president of investor relations. Hays will report to jcpenney President Michael Francis.
Additionally, jcpenney has welcomed the following leadership team members who report to Katheryn Burchett, senior vice president of merchandising and marketing integration:
"We are assembling a world-class leadership team that will come together and re-imagine a store experience that is not only exciting and relevant today, but will inspire future generations of jcpenney shoppers," said Ron Johnson. "I am thrilled to have these newly appointed leaders join our efforts as we transform jcpenney into America's favorite store."
jcpenney media relations
View Stock Chart
Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
jcpenney now offers shareholders electornic delivery of the Summary Annual Report, Form 10-K and Proxy Statement over the Internet. Enroll