Retail giant JC Penney Corp Inc on Thursday named Lana Cain Krauter as its new executive vice president and general merchandise manager, men's and children's division.

The Texas-based company said the 51-year-old was previously president and chief merchandising officer of Goody's Family Clothing in Knoxville and added she will take up her new role on Monday.

Chairman and CEO, Vanessa Castagna, said: "Lana brings to JC Penney a full breadth and depth of merchandise expertise and leadership to direct the Men's and Children's Divisions.

"In particular, she knows how to grow a business, strengthen private brands and shares our commitment to the customer."

Krauter replaces William Cappiello who has resigned to spend more time with his family.