Questrom Exits JC Penney

Share this content:
Former JC Penney chairman/CEO Allen Questrom announced his retirement from the Plano, TX-based retailer last week.

Questrom, who had been with the company for four years, was succeeded by Myron Ullman on Dec. 1 and has worked with Ullman since then to ensure a smooth transition.

Questrom's career in the retail sector has included stints as chief executive at Barneys New York Inc., Neiman Marcus Group Inc. and Federated Department Stores Inc.

While at JC Penney, the company's financial position received a boost, reflected in its "increased share price and the fourfold rise in the company's market value," according to a statement from the JC Penney board of directors.

Ullman credited Questrom with leading a turnaround of the multichannel retailer.

"He has been the catalyst for the successful repositioning of the company's department store and catalog/Internet business during the past four years," Ullman said in a statement.

On Dec. 17, international auction house Sotheby's Holdings Inc. picked Questrom to join its board of directors.

Chantal Todé covers catalog news for DM To keep up with the latest catalog news subscribe to our free e-mail newsletter DM News Daily by visiting

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