J.C. Penney makes executive promotions
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J.C. Penney Co. announced that Michael T. Theilmann and Thomas M. Nealon, have been named group executive VPs of the company, each assuming expanded operational responsibilities. Under this new senior operating leadership structure, Theilmann will take on responsibility for the company’s stores organization, as well as have continued leadership of supply chain, human resources and administration. Nealon will now oversee J.C. Penney’s Internet site, jcp.com, in addition to his current responsibility for IT, corporate strategy and J.C. Penney’s digital ventures organization, which is charged with exploring strategic digital opportunities and growth initiatives.