JCPenney Announces Termination of Catherine West

J. C. Penney Company, Inc. (NYSE:JCP) Chairman and Chief Executive Officer, Myron E. (Mike) Ullman, III today announced the termination of Catherine West as executive vice president and chief operating officer, effective immediately. The areas previously reporting to Ms. West, consisting of Store Operations, Property Development and Logistics, will again report to Mr. Ullman, which he had held prior to Ms. West assuming the COO role in July of this year. About JCPenney J. C. Penney Corporation, Inc., the wholly-owned operating subsidiary of J. C. Penney Company, Inc., is one of America’s largest department store, catalog, and e-commerce retailers, employing approximately 151,000 associates. As of Oct. 28, 2006, J. C. Penney Corporation, Inc. operated 1,037 JCPenney department stores throughout the United States and Puerto Rico. JCPenney is the nation’s largest catalog merchant of general merchandise, and jcp.com is one of the largest apparel and home furnishings sites on the Internet. JCPenney refers to the Internet/catalog business as Direct.