Questrom honors Penney's top managers
April 29, 2004-- Home Textiles Today,
PLANO, Texas — JCPenney Chairman and CEO Allen Questrom will recognize 248 managers from across the company with the Chairman's Award, the company's highest honor for managerial excellence, at a celebratory banquet in Dallas tomorrow.
"The hard work, commitment and exceptional results of these leaders have contributed greatly to our turnaround efforts," said Questrom. "Their efforts, vision and dedication have helped JCPenney continue to grow and provide customers with the quality, fashion, value and convenience that drive our success."
The annual award is presented to the top-performing managers from stores, merchandising, catalog/Internet, and support divisions. Only the top 15 percent of all store, district, buying units, and divisional managers can qualify as Chairman's Award winners, based on results. Support area winners are nominated by senior executives for their contributions to overall company results.