Next Score View the next score

    GM says diesel Chevrolet Cruze gets 46 mpg

    NEW YORK — J.C. Penney Co. is cleaning house.

    The embattled department store chain announced Thursday that two top executives, Chief Operating Officer Michael Kramer and Chief Talent Officer Dan Walker have left the company.

    Kramer and Walker were among several executives hired in November 2011 by Penney’s former chief executive, Ron Johnson. Johnson was ousted April 8 after his plans to reinvent the chain led to disastrous results.


    The departures are the latest personnel changes from new CEO Mike Ullman, who had been Johnson’s predecessor.

    Get Talking Points in your inbox:
    An afternoon recap of the day’s most important business news, delivered weekdays.
    Thank you for signing up! Sign up for more newsletters here

    The departures include some of the key people who were hired to help carry out Johnson’s changes that included getting rid of most sales and bringing in new hip brands.

    Associated Press