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Ron Johnson

A collection of news and information related to Ron Johnson published by this site and its partners.

Top Ron Johnson Articles

Displaying items 12-22
  • CEO-to-worker pay gap is obscene; want to know how obscene?

    Nothing seems to get U.S. corporations' dander up like a threat to the pay and perks of their chief executives. That's one explanation for corporate America's superheated, turbocharged, over-the-top reaction to the CEO pay ratio rule recently proposed...
  • J.C. Penney defends itself amid financing speculation

    J.C. Penney publicly defended its trajectory Thursday after watching its stock plunge amid speculation that it needed another financing boost. In a statement, the retailer said it is “pleased with its progress thus far in the company’s...
  • J.C. Penney ad: 'What matters with mistakes is what we learn'

    J.C. Penney ad: 'What matters with mistakes is what we learn'
    J.C. Penney is pleading publicly for its customers to come back to its stores, releasing a new commercial apologizing for a jumble of changes instituted by recently ousted chief executive Ron Johnson. The 30-second video went live on YouTube, Facebook...
  • Procter & Gamble says CEO swap doesn't signal 'bigger problem'

    Procter & Gamble says CEO swap doesn't signal 'bigger problem'
    Procter & Gamble Co. wants to make something clear to investors: The replacement of Chief Executive Bob McDonald with his predecessor A.G. Lafley is not a death knell for the company. Far from it, said Chief Financial Officer Jon R. Moeller in a short...
  • Sanford pastors praise progress after Trayvon Martin's death, George Zimmerman's acquittal

    Sanford pastors praise progress after Trayvon Martin's death, George Zimmerman's acquittal
    A group of black and white Sanford-area pastors united by the shooting death of Trayvon Martin reconvened Wednesday for a racial-reconciliation forum they hope will spread nationwide. They hope Sanford, which did not experience violence after the...
  • J.C. Penney says N.Y. Post report of CIT lending stoppage is untrue

    J.C. Penney Co. said a New York Post article on Wednesday reporting that commercial lender CIT Group Inc. had halted funds to some of its suppliers is untrue. In a statement Thursday, J.C. Penney said that CIT “continues to factor and support...
  • J.C. Penney scuffle: Ackman calls for ouster of Chairman Engibous

    Activist investor Bill Ackman and the board of J.C. Penney Co. are disagreeing -- very publicly -- about who should head the struggling retailer. Ackman and the department store chain exchanged a volley of letters and statements this week, squabbling...
  • Office Depot narrows CEO search to five candidates

    Office Depot narrows CEO search to five candidates
    Office Depot's 1,700 employees in Boca Raton may soon know who their new boss is. Office Depot and OfficeMax, which agreed to a $1.2 billion merger in February, said Monday that it has narrowed down its selection to five candidates of a new chief...
  • Ackman out at J.C. Penney after spat over CEO, chairman

    Ackman out at J.C. Penney after spat over CEO, chairman
    J.C. Penney’s turmoil at the top continued Tuesday as activist investor Bill Ackman stepped down from the board following a public disagreement over the struggling retailer’s choice of chief executive and chairman. Ackman, whose Pershing...
  • Bill Ackman steps down from J.C. Penney board

    Boardroom brawling at J.C. Penney Co. has claimed its latest casualty: activist investor Bill Ackman, who stepped down as a director after publicly voicing concerns about the struggling retailer's chief executive and chairman. The department store chain...
  • J.C. Penney earnings worse than expected, but hope endures

    J.C. Penney earnings worse than expected, but hope endures
    J.C. Penney Co. on Tuesday reported yet another round of dismal quarterly earnings, disappointing Wall Street as the struggling retailer pushes through yet another turnaround effort pocked by infighting and investor concern. In its second quarter (the...