JCPENNEY APPOINTS JOE MCFARLAND AS EXECUTIVE VICE PRESIDENT OF STORES
January 18 2016 - 4:30PM
PLANO, Texas
- (Jan. 18, 2016) - J. C. Penney Company, Inc.
(NYSE:JCP) today announced the appointment of Joe McFarland as
executive vice president of stores, effective immediately.
McFarland brings over 20 years of retail operations experience to
JCPenney, and succeeds Tony Bartlett.
"Joe is an outstanding,
solutions-driven leader with a proven track record of implementing
in-store omnichannel initiatives, driving operational excellence
and superior customer service within a highly competitive retail
landscape," said Marvin R. Ellison, chief executive officer of
JCPenney. "We are confident his commitment to excellence will
further our efforts to streamline tasks, increase productivity and
improve processes throughout all JCPenney stores."
In his role, McFarland will lead
the operations of all 1,000 JCPenney stores. His responsibilities
will also include the implementation and support of numerous key
JCPenney initiatives, including same day pickup, in-store jcp.com
fulfillment, improving sales productivity and more. Additionally,
McFarland is charged with simplifying operations, enabling the
voice of associates and promoting a service culture across the
entire stores organization.
McFarland possesses over 20 years
of retail experience and brings an excellent operational skill set
to the JCPenney leadership team. Since August 2015, McFarland has
been pursuing his passion of providing affordable housing to
families in need. He and his wife established an Atlanta-based
non-profit real estate company to help achieve this goal.
Prior to this, McFarland worked at
The Home Depot for over 20 years where he held positions of
increasing responsibility, most recently as the president of the
Northern and Western Divisions. McFarland was responsible for the
sales and operations of up to 800 stores in 24 states, and led a
team of up to 110,000 associates. McFarland began his career at The
Home Depot as a sales associate. He is a Gulf War and Desert Storm
veteran, having served six years in the United States Marine
Corps.
McFarland is a board member of the
Lisa Beth Gerstman Foundation and City of Hope.
Media Relations:
(972) 431-3400 or jcpnews@jcp.com
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 furnishing retailers, is dedicated to fitting the
diversity of America with unparalleled style, quality and value.
Across approximately 1,020 stores and at jcpenney.com, customers
will discover a broad assortment of national, private and exclusive
brands to fit all shapes, sizes, occasions and budgets. For more
information, please visit jcpenney.com.
###
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announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX 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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