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JC Penney CEO Ellison succeeds Ullman as chairman

2016-07-22 11:49:00| Daily apparel & textile news and comment - from just-style.com

Department store retailer JC Penney Company has promoted its CEO Marvin R Ellison to chairman, succeeding Myron (Mike) Ullman III, who will be retiring in line with the company's transition plan outlined in 2014.

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