JCPenney’s new CEO is veteran of Levi Strauss, Walmart

JCPenney’s new CEO is veteran of Levi Strauss, Walmart

Marc Rosen

Lewisville, Texas – JCPenney introduced the appointment of Marc Rosen as chief government officer, efficient Nov. 1.

Rosen brings greater than 25 years of retail and e-commerce expertise to the corporate. He most not too long ago served as government vice chairman and president of Levi Strauss Americas at Levi Strauss & Co. There he led the industrial operations for the Levi’s, Dockers, Signature by Levi Strauss & Co. and Denizen manufacturers throughout all channels. Throughout his tenure, Rosen held executive-level roles overseeing direct-to-consumer enterprise, together with the corporate’s international e-commerce and retail companies

Previous to Levi Strauss & Co., Rosen spent 14 years at Walmart Inc. in a wide range of senior management features, finally serving as senior vice chairman of world e-commerce. He started his profession at Ernst & Younger, offering strategic retail advisory providers. He at the moment serves on the Board of Administrators of Encourage Manufacturers, a multi-brand restaurant firm whose portfolio consists of greater than 32,000 chain eating places worldwide.

Stanley Shashoua, Simon’s chief funding officer, has been appointed as government chairman of the board of administrators after serving as interim CEO of JCPenney since January.

“Marc joins JCPenney following a yr of centered work to stabilize the enterprise, enhance financials, and place the retailer for long-term success,” mentioned Shashoua. “Marc’s important e-commerce and retail expertise with corporations like Levi’s and Walmart makes him the right match to guide the following chapter of the corporate’s transformation as we work to higher serve our prospects.”

Stated Rosen: “I’ve spent my profession centered on iconic American retailers and it has given me a singular perspective on the worth of heritage manufacturers. Becoming a member of at this milestone second within the Firm’s historical past, I’m wanting to propel the enterprise into its subsequent period and join with our prospects in new methods.”

 

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