J. C. Penney Company, Inc. announces that Mandy Ginsberg has been elected to its board of directors

PLANO, Texas, 2015-7-23 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) today announced that Mandy Ginsberg, an accomplished leader with extensive online consumer acumen, has been elected to its board of directors. Ginsberg is the chief executive officer of The Princeton Review, a leading test preparation company that helps millions of students get into their dream schools, and Tutor.com, the world’s largest internet-based tutoring company that provides live, on-demand learning solutions for students and professionals.

“JCPenney is a leader in omnichannel retail, and understands the importance of adapting the shopping experience to cater to today’s digitally savvy customer,” said Thomas Engibous, chairman of the JCPenney board of directors. “Mandy’s strong industry expertise and vast knowledge of online customer engagement make her an ideal addition to the JCPenney board.”

Ginsberg added, “I am honored and excited to join the JCPenney board of directors. The Company has a strong legacy of e-commerce, and continues to discover new and unique ways of connecting customers with its stores and online presence – particularly among millennials, whose purchasing power is largely influenced by their use of various devices across multiple shopping channels. I am delighted to be part of the Company’s ongoing evolution.”

Prior to leading The Princeton Review and Tutor.com, Ginsberg held the position of chief executive officer for Match.com, a global online dating service that services 24 countries and territories across five continents and hosts sites in 15 different languages. While at Match.com, she previously held the role of senior vice president and general manager. Prior to that, Ginsberg was vice president and general manager of Chemistry.com, a premium offering from Match.com. During her career, she has also held positions related to consumer technology and marketing, including serving on the board of directors of Care.com from 2012 to 2014.

Ginsberg has a B.A. degree in English literature and Spanish literature from the University of California at Berkeley, and an MBA from The Wharton School of Business at the University of Pennsylvania.

Media Relations:
(972) 431-3400 or jcpnews@jcp.com

Investor Relations:
(972) 431-5500 or jcpinvestorrelations@jcpenney.com

About JCPenney:
J. C. Penney Company, Inc. (NYSE: JCP), one of the nation’s largest apparel and home furnishing retailers, is dedicated to fitting the diversity of America with unparalleled style, quality and value. Across approximately 1,020 stores and at jcpenney.com, customers will discover a broad assortment of national, private and exclusive brands to fit all shapes, sizes, occasions and budgets. For more information, please visit jcpenney.com.

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J. C. Penney Company, Inc. elects B. Craig Owens to its Board of Directors

Accomplished consumer industries executive brings deep financial and operational experience to Board

PLANO, Texas, 2014-10-9— /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE:JCP) today announced that B. Craig Owens, a highly accomplished and respected executive in the consumer food and beverage industry, has been elected to its Board of Directors. Mr. Owens recently retired from his post as chief financial officer and chief administrative officer of Campbell Soup Company, where he led its finance, supply chain and information technology organizations.

“During his 33 year career in the consumer products industry, Craig has distinguished himself as a trusted leader and strategic advisor. He brings significant financial expertise and a deep understanding of operations and strategic planning to our Board,” said Thomas Engibous, JCPenney’s chairman. “We are delighted to welcome him and look forward to his contributions.”

Mr. Owens added, “I am honored to join the JCPenney Board of Directors. The Company’s brand, unique mix of goods and services, and exceptional customer service set it apart from its department store peers. It is an exemplary corporate citizen, with a strong commitment to its customers, associates, stockholders and the communities in which it operates. I am enthusiastic to be involved in the next phase of JCPenney’s growth and success.”

Prior to joining Campbell Soup Company, Mr. Owens, 60, was executive vice president and CFO of the Delhaize Group, a food retailer headquartered in Belgium with operations in the U.S., Europe and Asia and $28 billion in annual revenues. Earlier in his career, he held leadership and senior financial positions with The Coca-Cola Company and Coca-Cola bottlers.

Mr. Owens has a B.A. degree in politics from Washington and Lee University and an M.B.A. from The Wharton School of Business of the University of Pennsylvania. He also earned an M.A. degree from the Fletcher School of Law and Diplomacy at Tufts University.

For the latest JCPenney updates, please visit www.jcpnewsroom.com or follow the Company on Twitter @jcpnews.

Media Relations:
(972) 431-3400 or jcpnews@jcp.com

Investor Relations:
(972) 431-5500 or jcpinvestorrelations@jcpenney.com

About JCPenney:
J. C. Penney Company, Inc. (NYSE: JCP), one of the nation’s largest apparel and home furnishing retailers, is dedicated to fitting the diversity of America with unparalleled style, quality and value. Across approximately 1,060 stores and at JCPenney.com, customers will discover a broad assortment of national, private and exclusive brands to fit all shapes, sizes, colors and wallets. For more information, please visit JCPenney.com.

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