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J.C. Penney Names Next President and Chief Executive

J.C. Penney Names Next President and Chief Executive

J.C. Penney recently named Marvin Ellison, a Home Depot executive, as the next president and chief executive, according to an article by the New York Times. Currently, Ellison is executive vice president for stores at Home Depot, and will join J.C. Penney on Nov. 1.

The New York Times article explains that Ellison’s background “suggests he will start with the fundamentals.” It also adds, before his 12-year tenure at Home Depot, he served for 15 years in various positions at Target.

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About Renee Changnon

Renee Changnon
Renee Changnon is an assistant editor for Hardware Retailing magazine. She reports on industry news and new products, visits retailers and attends industry events. She graduated from Illinois State University, where she earned a degree in Visual Journalism and was the features editor for the school newspaper, The Daily Vidette. After college, Renee worked for Jimmy John’s, where she implemented marketing and promotions initiatives at franchise locations across the country. Renee is from Champaign, Illinois, and is new to Indianapolis. She enjoys reading, Netflix marathons and exploring her new city with friends and family.