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Report: Ron Johnson not stepping down
New York -- Another day, another J.C. Penney story. Amid rumors that Penney chief executive Ron Johnson was stepping down, the chain flatly denied the allegations.
“Ron Johnson is not quitting or resigning from J.C. Penney and he has no plans to do so,” Joey Thomas, a Penney spokesman said in an e-mail reported by Bloomberg. “The rumors are false.” -
Charming Charlie names CFO
Houston -- Charming Charlie announced that Tom Fitzgerald has joined the company as EVP, chief administrative officer and CFO.
Tom most recently was the chief administrative officer of Sears Canada, where he was responsible for store operations, IT, merchandise planning and allocation, logistics, sourcing, and store innovation.
Prior to his role at Sears Canada, Tom held several leadership positions at Liz Claiborne, and Bath & Body Works.