PLANO, Tex. — JC Penney shares are looking up after the announcement of Home Depot’s Marvin Ellison as the clothing retailer’s president and CEO. Ellison will become president and CEO-designate November 1, continuing in that role until he formally succeeds Mike Ullman on August 1, 2015. Ullman will then take up a spot on the JC Penny board as executive chairman for one year. Ellison is currently executive VP of stores for Home Depot, a firm he’s been with for 12 years.
JC Penney snaps up Home Depot exec as CEO
Most Recent
Most Read
Canadian Chamber of Commerce responds to threat of 35 percent tariffs from Trump
Mon, July 14th, 2025
Trump threatens 35 percent tariffs on Canadian goods
Fri, July 11th, 2025
Westcap acquires Darmac Framing Systems through portfolio company
Fri, July 11th, 2025
Richelieu posts Q2 financials
Fri, July 11th, 2025
RONA unveils 2024 sustainable activities
Thu, July 10th, 2025
Throwback Thursday: 25 years ago Canadian Tire launched its "Radio Days" summer promotion
Thu, July 10th, 2025
RONA Foundation supports Canadian non-profits
Wed, July 09th, 2025
Dealer News looks at Hardlines Conference, Home Depot acquisition
Wed, July 09th, 2025
BMR and Pierre Naud continue Quebec expansion
Tue, July 08th, 2025
RONA raises $365,000 for the Fondation Charles-Bruneau
Tue, July 08th, 2025