Wednesday, March 27, 2019

J.C. Penney Taps New CFO as Retailer Fights Falling Sales

The Wall Street Journal
J.C. Penney Co. named a new finance chief on Tuesday, filling the post after a nearly six-month vacancy as the retailer battles falling sales and searches for a turnaround strategy.

The Plano, Texas-based retailer said Bill Wafford will become finance chief effective April 8. Mr. Wafford has served as CFO at Vitamin Shoppe Inc. since June 2018 and was previously the company’s senior vice president for strategy and business development.. . . more