Content about Myron E. (Mike) Ullman

April 8, 2013

After a controversial 17-month stint, Ron Johnson is out as CEO of J.C. Penney.

New York -- After a controversial 17-month stint, Ron Johnson is out as CEO of J.C. Penney. The company’s board said on Monday that Johnson will be replaced by Myron E. Ullman III, who had been CEO at Penney for seven years until Johnson took over in late 2011. Ullman has also been elected to the board of directors.