Ron Johnson
WASHINGTON, DC - MAY 08: Family members of Americans killed during the September 11 attack in Benghazi, Libya talk with Sen. Ron Johnson (R-WI) prior to the start of a hearing titled, 'Benghazi: Exposing Failure and Recognizing Courage' before the House Oversight and Government Reform Committee on Capitol Hill May 8, 2013 in Washington, DC. Committee Chairman Darrell Issa (R-CA) is leading the GOP investigation of the September 11, 2012 assaults that killed U.S. Ambassador J. Christopher Stevens and three other Americans, which is now focused on the State Department and whether officials there deliberately misled the public about the nature of the assault.
Quotes
I talked to [Norfolk manager Ron Johnson] about it and they will be perfect for him for what he needs, because they are certainly not going to let him feel sorry for himself down there — in a good way ... It's a very upbeat, positive atmosphere.
When you talk about these kinds of failures, these are foundational issues in a man's life
There's a lack of humility ... Most of these guys get into sexual sin not because they have runaway lust. Most have runaway pride.More quotes »
Newsday's coverage
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New Penney CEO's task is chain's revival
Tuesday as investors' worries escalate about Penney's future. "Ullman can't go back to the old ways, but he can't do what Ron Johnson did," said Ron Friedman, head of the retail and consumer products group at Marcum LLP, a national accounting and consulting Read more »
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Penney ousts Johnson as CEO for predecessor
Penney Co. ousted chief executive Ron Johnson on Monday and reinstated his predecessor, Myron E. Ullman III, as the department-store chain worked to rebound from plunging revenues.The changes were effective immediately, the Plano, Texas - based company said Read more »
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J.C. Penney CEO's pay cut to $1.89M
Penney chief executive Ron Johnson , who is struggling to overhaul the department-store company, had his total compensation cut to $1.89 million last year. Johnson , 54, received $1.5 million in salary and $344,000 for personal use of the corporate aircraft, Read more »
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Macy's, Penney war over Martha Stewart brand
products in such categories as cookware, bedding and bath. Company founder Martha Stewart, J.C. Penney CEO Ron Johnson and Macy's CEO Terry J. Lundgren could be called to testify during the trial, which could last three weeks.In December 2011, J.C. Penney Read more »
Around the web
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J.C. Penney Q1 loss widens as new chief makes changes
YORK: J.C. Penney Co’s net loss widened in the first quarter as the department-store chain works to rebound from Ron Johnson’s failed makeover. The loss expanded to US$348mil, or US$1.58 a share, in the quarter ended May 4 from a deficit of US$163mil, or 75 from The Star Malaysia Read more »
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Market Minute: JC Penney's Post-Ron Johnson Earnings Confirm Grim Warning
I'll go back to jcp when they put St. John's Bay twill pants back on online catalog! The ORIGINAL pant, not the new cheap makeover. PLEASE! Ladies, do you remember them? If so, let jcp know. By the way, just a little marketing tidbit, why would you go from from Daily Finance Read more »
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Earnings Show JCPenney Still Has Problems Even Another Logo Can't Fix
pre-2012 bag of tricks for things that will revive the brand that he ran, then lost, and is now running again in the post-Ron Johnson era. But unfortunately, he hasn't yet been able to reach back to a time when the company still made money: Still smarting from Brand Channel Read more »
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In Case You Missed It: Bikers get free bacon, and Letterman roasts Ron Johnson
"Sen. Johnson, he has received $1.2 million in contributions from pro-gun lobby groups," Letterman said as a photo of Johnson appeared on the screen. "And, as you can see, he spent most of the money on flag pins and hairspray." (The video starts about 13 minutes from Madison.com Read more »
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JCPenney Reports Loss, Tumbles After-Market
underperformance reflects investor concerns that the company had faltered under the leadership of ex-CEO Ron Johnson, who chose to jettison the company's signature promotions in favor of "everyday low price." The move never resonated with customers, leaving from The Street Read more »
