Former Apple Store Chief Ron Johnson Leaves CEO Position At JC Penney



Ron Johnson, the man who helped create the Apple Store alongside Steve Jobs, has left his role as the CEO of JC Penney. Johnson resigned from Apple back in 2011 to accept the JC Penney position.

Morale at JC Penney has weakened since Johnson was put in charge 16 months ago. The company has been bleeding money, and Johnson’s retail strategies have not seen success. Johnson’s departure doesn’t come as much of a shock to those who have been following his failed attempts to revitalize the department store chain.

“On behalf of the Board of Directors, we would like to thank Ron Johnson for his contributions while at JC Penney and wish him the best in his future endeavors,” said the company’s chairman of the board in a bland statement.

Since Johnson left, Apple has hired and fired John Browett in an attempt to find a viable replacement for its retail division. The job is currently still unfilled. Has Apple wooed Johnson back to the position that made him a household name in the retail world?

Source: CNBC

  • technochick

    JC Penny’s was a losing brand well before Johnson was brought on. He was hired to make big changes but it seems that folks weren’t really behind him on it becaus it was too much change with results that wouldn’t appear over night.

    As for him returning to Apple, I wouldn’t count on it. That era of his life is over and he might decide to keep it that way and move on to another company or even do something different Iike start a consulting firm etc