Seeking Alpha

J.C. Penney (JCP) confirms COO Michael Kramer and chief talent officer Daniel Walker are out,...

J.C. Penney (JCP) confirms COO Michael Kramer and chief talent officer Daniel Walker are out, via fresh 8-Ks (I, II). The company states Walker "voluntarily resigned," but no such description is given for Kramer's departure. Both Kramer and Walker were Ron Johnson hirings. Investors don't seem bothered, shares +0.5% AH. (previous)
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