J.C. Penney: Ullman Right Person to Rebuild Company

J.C. Penney: Ullman Right Person to Rebuild Company Play

Aug. 8 (Bloomberg) -- J.C. Penney CEO Mike Ullman “has the overwhelming support” of board and is the right person to rebuildc the J.C.Penney brand, Chairman Thomas Engibous said in a statement. Julie Hyman reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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