EVP, Chief Financial Officer
Jeff Davis was named executive vice president and chief financial officer at JCPenney in July 2017. Davis is responsible for all financial operations of the Company, including the oversight of controllers, internal audit, procurement, tax services, investor relations and more. His primary objectives include continuing the Company's progress in identifying earnings growth opportunities, optimizing pricing, exercising SG&A discipline, managing inventory levels and deleveraging debt.
Davis brings over 30 years of finance experience across multiple industries. He most recently served as chief financial officer at Darden Restaurants, where he oversaw the company's real estate acquisitions, as well as the restaurant development division.
Prior to Darden, Davis served as executive vice president and chief financial officer for Walmart U.S. stores. Upon joining Walmart in 2006, he served in roles of increasing responsibility in their finance division, including store operations, specialty businesses, strategy and treasury. Before joining Walmart, Davis held finance-related positions with Lakeland Tours, McKesson Corporation and The Hillman Company.
Davis holds a Bachelor of Science in accounting from Pennsylvania State University and received his MBA from the University of Pittsburgh.