JCPenney Names New Executives

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NEW YORK (AP) – JCPenney Co. has announced the promotion and addition of several executives.

It’s the latest effort by the Plano-based company to boost leadership team as it undergoes a transformation.

JCPenney¬†late Thursday announced it’s promoted John Tighe, senior vice president and former general merchandise manager of the company’s home division, to become general merchandise manager of the men’s division.

Paul Rutenis has been promoted to senior vice president and general merchandise manager for the chain’s home division.

Both executives will report to chief merchant Liz Sweney.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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