Content about Myron E. (Mike) Ullman

August 5, 2014

J.C. Penney Company will open its first-ever store in Brooklyn, further increasing its New York City footprint, on Aug. 29.

Plano, Texas -- J.C. Penney Company will open its first-ever store in Brooklyn, further increasing its New York City footprint, on Aug. 29. The all-new 124,000-sq.-ft., single-level store, located in Gateway Center, will provide a look at Penney's updated store model, which includes a new footwear format, an increased focus on jewelry, and new energy efficiency standards.

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.