J.C. Penney names CFO

Dallas -- J. C. Penney Co. said that Ken Hannah has been named CFO, effective May 7.



Hannah, who brings over 20 years of finance, operations and audit experience from a wide range of leading companies that include General Electric, Boeing and The Home Depot, has spent the last six years at MEMC Electronic Materials, where he served as president of solar energy, responsible for improving process discipline, simplifying the organization and reducing cost to drive growth in the company's solar business



Before his current position, he was CFO of MEMC. Previously, he served as SVP finance at The Home Depot.