JCPenney's chief merchant John Tighe resigns

J. C. Penney Company has announced an organizational restructuring designed to streamline decision-making and promote greater agility within its merchandise buying teams. The company said that the position of chief merchant has been eliminated and John Tighe will be leaving the company to pursue other opportunities.

The company added that post reorganization, Jodie Johnson, SVP and senior general merchandise manager of women's apparel, Sephora, salon, women's specialty, footwear and handbags; James Starke, SVP and senior general merchandise manager of men's apparel, children's apparel and jewelry; and Val Harris, SVP of product development and design, will be reporting to Chairman and CEO Marvin R. Ellison effective immediately.

"Today's executive realignment reflects a growing need to ensure our company remains nimble and flexible amid the constant change and transformation in the retail environment," said Ellison in a statement adding, "Additionally, I want to thank John for his leadership, service and loyalty to the company over the years."

Additionally, the company further said that Tony Hurst, SVP and general merchandise manager of home, will have the added responsibility for custom window design and home services, as well as commercial sales, and will report to Joe McFarland, EVP of stores.



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