Headlines

JCPenney Shakeup in Construction Unit

Store designer Ben Fay among VP-level departures

Published

11 years ago

May 1, 2013

steve kaufman

The shakeups continued at JCPenney Co. Inc. (Plano, Texas) with the departure of three senior executives from its construction unit.

Bloomberg News reported that Michael Koch, vp, construction, and directors of construction Robert Laughrea and Todd York have left the company.

Koch and Laughrea had been recruited to the department-store chain by Ron Johnson, the former ceo who stepped down earlier this month. York also joined during Johnson’s tenure.

Earlier, the company confirmed that Ben Fay, executive vp, real estate, store design and development, had departed. Fay had been another recruit from Apple.

Myron Ullman, stepping back into the ceo role, has brought back Tom Clerkin, a former senior vp of property development, to advise on store renovations, Bloomberg reported.

Also gone are chief operating officer Michael Kramer and chief talent officer Daniel Walker.

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