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Two more executives exit J.C. Penney
New York -- J.C. Penney announced Thursday that its COO Michael Kramer has resigned, along with chief talent officer Daniel Walker – bringing Penney’s April executive casualty number to five. Both resignations had been previously reported.
Kramer’s resignation was disclosed via a Securities and Exchange filing. He walked away with a $2+ million cash payment.
The two latest resignations follow CEO Ron Johnson’s departure last week, along with product development lead Nick Wooster and marketing VP Sissie Twiggs. -
Lowe’s grades its corporate social responsibility
Lowe's has released its Corporate Social Responsibility Report Card, which covers education, environment and more.
“To achieve greater progress for our communities and our company, we continue to build on our commitment to never stop improving,” said Robert Niblock, Lowe’s chairman, president and CEO. “We’re focused on carrying out those responsibilities every day with the help of our 245,000 employees across North America.”