Michael Theilmann to Leave J.C. Penney

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Michael Theilmann, group executive vice president of J.C. Penney Co. Inc., is leaving the retailer and his position will be eliminated.

Theilmann, who officially departs Jan. 27, was responsible...

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Michael Theilmann to Leave J.C. Penney

Johnson and Kramer assume executive's oversight of stores, property management and supply chain.

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