Jc Penny

Ron Johnson, head of Apple Retail, leaves to become CEO of JC Penny

Ron Johnson, the man who helped Apple revolutionize retail with the Apple Stores, is leaving to take over the CEO spot at JC Penny. Apple has issued the following statement to All Things D:

“Ron is excited about this opportunity and we hope it goes well for him,” a spokesperson said. “We’ve got a great retail team in place and are actively recruiting for his replacement.”

And JC Penny states that Johnson isn't just taking over, he's taking on a large investment as well:

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