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Various news outlets reported that CEO Ron Johnson had taken a massive 97% pay cut in 2012, compared to the. J.C. Penney's executive compensation has recently come into the spotlight, following ...
Ron Johnson (born October 15, 1959) is the CEO and founder of Enjoy Technology. Previously, he was CEO of JCPenney, where he led a failed effort to fundamentally reshape the retailer; senior vice president of retail operations at Apple Inc., where he developed the concept of the Apple Retail Stores and the Genius Bar; and the vice president of merchandising for Target Corporation, where he was ...
JCPenney (colloquially Penney's and abbreviated JCP) is an American department store chain with 656 stores across 49 U.S. states and Puerto Rico. [ 3 ] [ 4 ] It is managed as part of the Catalyst Brands portfolio alongside other apparel retailers such as Brooks Brothers and Eddie Bauer .
J. C. Penney (JCP) renews agreement with Synchrony to enhance customers' shopping experience.
In 2011, when J.C. Penney hired Ron Johnson as CEO, it also paid him $53.3 million in total compensation. Last year, while Penney's stock fell 44%, he got paid $1.9 million. Much has been made of ...
Another form of reward is variable pay. Variable pay in a traditional sense is a performance-based method of reward and can take many forms. Unlike basic pay, variable pay may be inconsistent as suggested by its name. Variable pay may be linked to factors such as output, attitude, or other Key Performance Indicators. Variable pay may come in ...
Source: J.C. Penney According to recent regulatory filings, J.C. Penney CEO Myron Ullman will receive a big increase in compensation this year. Ullman will make $1.5 million in salary during 2014 ...
The JCPenney mother store in Kemmerer, Wyoming. In 1898, Penney began working for a small chain of stores in the Western United States, called the Golden Rule stores.In 1902, owners Guy Johnson and Thomas Callahan, impressed by his work ethic and salesmanship, offered him a one-third partnership in a new store he would open.