DEBORA PLUNKETT JOINS JCPENNEY BOARD OF DIRECTORS
March 02 2017 - 4:30PM
Colleen Barrett to
Retire from the Board in May
PLANO, Texas -
(March 2, 2017) - J. C. Penney Company, Inc. (NYSE:JCP) today
announced the election of Debora Plunkett, former senior advisor to
the director of the U.S. National Security Agency (NSA), to its
board of directors. Possessing extensive experience in
cybersecurity, information assurance and innovation in information
security, Plunkett has a deep understanding of the data-driven and
interconnected world of today.
"Debora has a strong background in
information management and technology, and has been trusted by some
of the nation's top leaders to deliver robust security solutions
and policies for the U.S. government," said Marvin R. Ellison,
chairman and CEO of JCPenney. "Her distinguished background
brings tremendous value to our board as JCPenney continues on a
path to becoming a world-class omnichannel retailer."
Most recently, Plunkett has served
as a professor at University of Maryland University College
teaching graduate-level cybersecurity courses. She also
provides consultation on cybersecurity, information assurance and
management topics at her firm, Plunkett Associates LLC. Prior
to these positions, she served as senior advisor to the director of
the NSA, leading efforts to develop and deliver solutions to
improve diversity, inclusion and equality for a highly technical
workforce. Prior to that, Plunkett served as director and
deputy director of information assurance for the NSA, managing the
agency's information assurance and cyber defense mission, and also
held a variety of executive leadership, supervisory and analytical
roles for the NSA. She also served as director for the Office
of Transnational Threats at the National Security Council of The
White House. Plunkett currently serves as a strategic
advisory board member for the International Consortium for Minority
Cybersecurity Professionals and an advisory board member for
CyberMaryland.
Plunkett has a B.S. degree in
natural science from Towson University, a Master of Science in
business from Johns Hopkins University, a Master of Science in
national security strategy from National War College and an M.B.A.
from Johns Hopkins University.
The Company also announced that
Colleen Barrett, President Emeritus of Southwest Airlines Co., will
retire from the Board at the end of her term, which concludes on
May 19, 2017, at the Company's Annual Meeting of
Stockholders. Barrett joined the JCPenney board in 2004, and
currently chairs the corporate governance committee.
"Colleen is a trusted member of
our board, and her legacy of building award-winning customer
service at Southwest Airlines has benefitted JCPenney for over 13
years," said Ellison. "Not only has Colleen been a respected
member of the board, her enthusiasm and passion for JCPenney was
instrumental in sparking the Warrior Spirit among JCPenney
associates in recent years, leading to a strong resurgence in our
Company culture. We thank her for her service, and wish her
well in future endeavors."
Media
Relations:
(972) 431-3400 or jcpnews@jcp.com; follow us at @jcpnews
Investor
Relations:
(972) 431-5500 or jcpinvestorrelations@jcpenney.com
About
JCPenney:
J. C. Penney Company, Inc. (NYSE:JCP), one of the nation's largest
apparel and home furnishings retailers, is on a mission to ensure
every customer's shopping experience is worth her time, money and
effort. Whether shopping jcp.com or visiting one of over 1,000
store locations across the United States and Puerto Rico, she will
discover a broad assortment of products from a leading portfolio of
private, exclusive and national brands. Supporting this value
proposition is the warrior spirit of over 100,000 JCPenney
associates worldwide, who are focused on the Company's three
strategic priorities of strengthening private brands, becoming a
world-class omnichannel retailer and increasing revenue per
customer. For additional information, please visit jcp.com.
###
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announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: J. C. Penney Company, Inc. via Globenewswire
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