“In a little over a week as chief executive of J.C. Penney Co., Ron Johnson is already shaking up the department-store chain’s management and tapping former Apple Inc. colleagues to help shape his new team,” Dana Mattioli reports for The Wall Street Journal.
“Penney is close to bringing on Michael Kramer, now chief executive of Kellwood Co., as chief operating officer, people familiar with the matter said,” Mattioli reports. “Mr. Kramer previously reported to Mr. Johnson at Apple, where Mr. Kramer was the chief financial officer of Apple Retail from 2000 to 2005. Mr. Johnson ran Apple’s retail operations from 2000 until this October.”
Mattioli reports, “To round out his new team, Mr. Johnson has been relying on another former Apple executive, Daniel Walker, people familiar with the matter said. Mr. Walker worked at Apple from 2000 until 2005, with his last position as vice president of human resources. He was the executive who recruited Mr. Johnson to lead Apple’s retail operations.””
Read more in the full article here.
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