Apple senior vice president of retail Ron Johnson was set to leave the company on November 1, and it looks like that’s exactly what happened. Mr. Johnson was quitting Apple to take over as CEO of J.C. Penney.
Ron Johnson, J.C. Penny’s new CEO
Mr. Johnson’s departure didn’t receive any fanfare in Cupertino; just the removal of his name and headshot from the Apple executive bio Web page.
When the announcement that he was leaving came out in June, Mr. Johnson commented “I’ve always dreamed of leading a major retail company as CEO, and I am thrilled to have the opportunity to help J. C. Penney re-imagine what I believe to be the single greatest opportunity in American retailing today, the Department Store.”
Mr. Johnson spent his 11 years at Apple developing and honing the company’s retail stores. Prior to that, he served at vice president of merchandising at Target.
Apple hasn’t yet announced a replacement for Mr. Johnson.
1 Comments
Over the last few years my wife and I have been doing a lot more clothing shopping at Penny’s. The quality and selection price point is a sweet spot for us. Considering the economy the same could apply to a lot more shoppers. Not that we don’t shop at other retailers, but that it seems most of it is at Penny’s.
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