J.C. Penney CEO search attracting ‘diverse’ candidates

7/30/2018
J.C. Penney’s hunt for a new CEO is moving fast, and producing results.

In the 10 weeks that the department store retailer has been in the market for a new CEO, the company has met a “very diverse” group of candidates, Penney chairman Ron Tysoe told the Dallas News.

Among the candidates being evaluated include former CEOs, as well as executives with apparel merchandising background and big-box experience. The company wants a candidate who is in tune with today’s challenges of being both an online and store retailer, the report said.

“The most important job a board has is to hire the right CEO,” Tysoe said in the report. “Penney employees want to win, and we’re going to find them a great leader.”

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