William Ackman, Steven Roth named to J.C. Penney board

Plano, Texas -- J. C. Penney Co. announced Wednesday that its board of directors has elected William A. Ackman, founder and CEO of Pershing Square Capital Management, and Steven Roth, chairman of the board of Vornado Realty Trust, as directors.



The appointments had been previously announced on Jan. 24.