J.C. Penney Extends Castagna's Contract

Share this content:
J.C. Penney Inc., Plano, TX, has extended the contract of Vanessa Castagna, CEO of its stores, catalog and Internet until Nov. 14.

Castagna's contract was extended in July before it expired. She has been widely reported to be a candidate to take over the company when chairman/CEO Allen Questrom's contract expires in September 2005. He has acknowledged her contributions to the company as well as her leadership skills in published reports, according to a J.C. Penney spokesman. The extension was revealed in the company's Form 10-Q filing with the SEC on Sept. 8.

J.C. Penney's board has instituted a search for candidates to replace Questrom. No time frame for the conclusion of that search has been set, according to the spokesman.


Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above