marvin ellison news and archive

JCPenney Chairman and CEO Marvin Ellison resigns

J. C. Penney Company, Inc. has announced that Chairman and CEO Marvin R. Ellison has notified the company of his decision to resign from his role to pursue another opportunity with Lowe's Companies, Inc. The company added, while Ellison will remain a director and CEO through June 1, but will step down from his position as chairman of the board...

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JCPenney announces CEO Marvin Ellison as its new Chairman

The Board of Directors of J. C. Penney Company has appointed Chief Executive Officer Marvin R. Ellison to the additional position of Chairman, effective August 1, 2016. Ellison succeeds Myron E. (Mike) Ullman, III who will be retiring in accordance with the transition plan that the company outlined in 2014. "I am delighted that the board has...