Wooster Flew the Coop: JCPenney (JCP) Affirms Exit of Design Head; Mangone Returns
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Following up from a NY Post article earlier, a spokesperson from JCPenney (NYSE: JCP) affirmed that Nick Wooster left the company.
Coming in will be Ken Mangone, who left the company last fall. He'll be taking on the role of executive vice president, design and sourcing.
Wooster was a former fashion director at Bergdorf Goodman, the Post noted.
Today's news follows last week's shake-up, which saw the exit of Ron Johnson as CEO and return of Myron Ullman III to the spot.
Shares of JCPenney are down 2.6 percent on the session.
Coming in will be Ken Mangone, who left the company last fall. He'll be taking on the role of executive vice president, design and sourcing.
Wooster was a former fashion director at Bergdorf Goodman, the Post noted.
Today's news follows last week's shake-up, which saw the exit of Ron Johnson as CEO and return of Myron Ullman III to the spot.
Shares of JCPenney are down 2.6 percent on the session.
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