USA: Industry Veteran Leaves Barneys For J.C. Penney
Allen Questrom has been named chairman and chief executive officer of J.C. Penney Company, Inc. (NYSE:JCP). The Texas-based company, which operates JCPenney Stores, the JCPenney catalogue and Internet retailing businesses, said that Mr. Questrom, who will leave his position as chairman and CEO of Barneys New York, Inc, the retail giant, will succeed James E.