Hicks Promoted at Penney
January 10, 2005,
Ken Hicks has been promoted to president and chief merchandising officer of JCPenney, reporting to chairman and CEO Myron (Mike) Ullman.
Hicks joined JCPenney as president and chief operating officer of stores and merchandise operations in 2002, after a career spanning more than 20 years in merchandising and product development.
Before joining JCPenney, he served as president of Payless Shoe Source, Inc., where he was responsible for merchandising, marketing, product distribution, and product development. He has also served as executive vice president and general merchandise manager for the Home Shopping Network, and senior vice president and general merchandise manager for May Department Stores in its May Merchandising and Foley's divisions, where he was responsible for shoes, accessories, cosmetics, home, juniors and intimate apparel. Hicks joined May Department Stores as senior vice president, strategic planning, from the consulting firm of McKinsey and Company.
Hicks will continue to be responsible for JCPenney stores, supply chain, and store environment, design and construction until a chief operating officer successor is identified.