J. C. Penney Names Ed Record EVP & CFO - Quick Facts

(RTTNews) - J. C. Penney Company, Inc. (JCP) announced that Ed Record has been named executive vice president and chief financial officer, effective March 24, 2014. He will succeed Ken Hannah, who will remain chief financial officer through that date to ensure a smooth transition.

Record has nearly 25 years of experience managing the financial and operational performance of multiple retailers. He spent over six years at Stage Stores, a Houston, Texas-based retailer that operates department and off-price stores, most recently serving as chief operating officer and, prior to that, chief financial officer. Before Stage, Record served as senior vice president of finance at Kohl's and as controller and senior vice president of finance at Belk.