Description: JC Penney ousts CEO Ron Johnson, replacing him with the company’s former CEO. Is this a sign that JC Penney will be taken private?
Source: CBBMoney.com – video report
Date: Apr 09, 2013
Questions for Discussions:
- What are the possible reasons for bringing back Ron Johnson?
- How might this affect overall management of the firm?
- Do you think the company is preparing to go private?