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Myron E. Ullman Joins Saks Inc.'s Board

A 30-year veteran of retail and luxury businesses, the former chairman and ceo of J.C. Penney retired in February 2012.

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ULLMAN ON THE BOARD: Myron E. Ullman 3rd, former chairman and chief executive officer of J.C. Penney Co. Inc., has joined Saks Inc.’s board. The 66-year-old Ullman will also serve on Saks’ audit and corporate governance committees of the board.

Ullman, a 30-year veteran of retail and luxury businesses, retired from Penney’s in February 2012. He joined as chairman and ceo in December 2004. Prior to that, he served as directeur général of LVMH Moët Hennessy Louis Vuitton, in Paris; chairman and ceo of DFS Group Ltd., and chairman and ceo of R.H. Macy & Co. He currently serves on the boards of Starbucks Corp. and the COFRA Group, and as deputy chairman of the Federal Reserve Bank of Dallas. He is also an adviser to the board of the Retail Industry Leaders Association and is a past chairman of the National Retail Federation.