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While she’s been in retailing for 30 years, Soltau said, she has a lot to learn from Penney employees before she can start making decisions. J.C. Penney’s new CEO Jill Soltau spent Tuesday and Wednesday meeting with small teams and holding a big huddle with the corporate staff in Plano. Jill Soltau is the chief executive officer of JCPenney and a member of the Board of Directors. Background Report for Jill Soltau. “Every position I’ve held has prepared me for this role.” Jill Soltau was just appointed CEO of JC Penney and a member of the board. – read more He called her an excellent leader.I was the senior retail analyst at Morgan Stanley for 16 years, following a 20 year career at retailers including Macy’s, May Department Stores and Allied Stores.I was the senior retail analyst at Morgan Stanley for 16 years, following a 20 year career at retailers including Macy’s, May Department Stores and Allied Stores. Soltau was appointed CEO and president of Jo-Ann on March 2, 2015. Sorry, your blog cannot share posts by email. Shown in this photo: CEO Jill Soltau enjoying a ride around the courtyard! Jill Soltau Overview Jill Soltau has been associated with three companies, according to public records. She has a strong background for the job, understands style and quality, and inspires others.Ron Tysoe, chairman of the board, indicated that “she has the track record of enhancing profitability and delivering results.” He also said that “she has the talent and passion to revitalize the business.”I can check off most of the criteria and am optimistic on the others. Jill’s passion, strategic vision and proven success make her an excellent leader for the company going forward,” said Todd Purdy, Partner, Leonard Green & Partners, L.P. “For over 70 years, Jo-Ann has been inspiring the creativity in others and I am thrilled to join the team to help drive the brand's future success,” said Ms. Soltau. She joined the Company in October 2018 and developed the Company’s Plan for Renewal strategic initiatives focused on driving traffic, offering compelling merchandise, creating an engaging customer experience, fueling growth, and building a results-minded culture. Join Facebook to connect with Jill Soltau and others you may know. Post was not sent - check your email addresses! PLANO, Texas - (Oct. 2, 2018) - The J. C. Penney Company, Inc. (NYSE: JCP) Board of Directors today announced the appointment of Jill Soltau as Chief Executive Officer and a member of the Board of Directors, effective Oct. 15, 2018. We've received your submission.After losing its chief executive, Marvin Ellison, a turnaround expert, four months ago, the struggling department store chain has named Jill Soltau to help lead a turnaround.The 51-year-old executive will join Penney on Oct. 15 from crafts retailer Jo-Ann Stores, where she was president and CEO of the 850-store chain.The news sent shares of Plano, Texas-based Penney up more than 11 percent in after-hours trading, to $1.70.Last week, Penney’s chief financial officer, Jeffrey Davis, resigned to take a job with Qurate Retail Group, owner of QVC and Zulily, while Ellison left to take the top job at Lowe’s.“As we looked for the right person to lead this iconic company, we wanted someone with rich apparel and merchandising experience,” Paul Brown, a Penney director and chairman of the search committee, said.Soltau was tapped to turn Jo-Ann Stores around in 2015 and had previously headed up regional drugstore chain, Shopko of Green Bay, Wis.“I spent my entire career focused on the needs of a value-based consumer,” Soltau said in a statement. This is no Ron Johnson, a former CEO who wanted to reinvent the company without understanding the customer base. The companies were formed over a fourteen year period with the most recent being incorporated six years ago in June of 2014. JCPenney on Tuesday named Jill Soltau as its new chief executive officer, effective mid-October, ending the department store chain’s months-long search to fill the top job. Thanks for contacting us. Soltau was CEO of JoAnn Stores, a chain of 850 fabric and craft stores.
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