JCPenney names Edward Record cfo

Will succeed Ken Hannah

Retail Editor 3, February 13, 2014

Plano, Texas - J. C. Penney Company said that Ed Record was named evp and cfo, effective March 24, succeeding Ken Hannah, who will remain cfo through that date to assist the transition.

He will report to ceo Mike Ullman and join the company`s executive board.

Record, 45, has nearly 25 years of experience in retail financial and operations management. He spent over six years at Stage Stores, a Houston, Texas-based retailer that operates department and off-price stores, most recently serving as chief operating officer. Before Stage, Record served as senior vice president of finance at Kohl`s and as controller and senior vice president of finance at Belk.

"His extensive department store experience and track record of success make him an ideal candidate as we continue to advance our turnaround," said Ullman.


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