JCPenney promotes execs in merchandising, operations and investor relations

PLANO, Texas — JCPenney has announced several promotions and additions to its merchandising, operations and investor relations areas. “We’re rethinking every element of the retail business and there's no better way to re-imagine the possibilities than to tap the proven abilities of our own extraordinary talent along with the fresh perspectives offered by industry experts new to our organization,” said CEO Ron Johnson. In the operations area, Bob Peterson has been appointed to SVP operational strategy, and will be responsible for identifying and evaluating key business opportunities and strategic alliances. He was previously with Piper Jaffray. Thorsten Weber has