- J.C. Penney (JCP) CEO Mike Ullman will receive a boost in salary, according to a SEC filing from the retailer.
- The exec will earn $1.5M in salary and be eligible for a $3M bonus and $5.5M in stock awards if things go right.
- Most retail analysts think Ullman has done a capable job of attempting to right the JCP ship.
- SEC Form 8-K
at CNBC.com (Nov 18, 2014)