Stephen Sadove - JC Penney Independent Director

Director

Mr. Stephen I. Sadove has resigned as Independent Director of the company. effective 20 May 2016
Age 63
Professional MarksMBA
Phone972 431-1000
Webwww.jcp.com
Sadove joined the management team of Saks Incorporated as vice chairman in 2002, assumed the additional post of chief operating officer in 2004, became chief executive officer in 2006 and chairman and chief executive officer in 2007. Prior to joining Saks Incorporated, Sadove held various positions of increasing responsibility with General Foods USA from 19751991 and BristolMyers Squibb Company from 19912002, where he headed the company’s beauty care and nutritionals division. He led Clairol to become the number one hair care business in the U.S. and relaunched the Herbal Essences brand into a $700 million business. Sadove currently serves on the board of directors of ColgatePalmolive and Ruby Tuesday and also serves as chairman of the board of the National Retail Federation and chairman of the board of trustees for Hamilton College. He is a graduate of Hamilton College and holds an MBA with distinction from Harvard Business School.

Stephen Sadove Latest Insider Activity

Tracking and analyzing the buying and selling activities of Stephen Sadove against JC Penney stock is an integral part of due diligence when investing in JC Penney. Stephen Sadove insider activity provides valuable insight into whether JC Penney is net buyers or sellers over its current business cycle. Note, JC Penney insiders must abide by specific rules, including filing SEC forms every time they buy or sell JC Penney'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

JC Penney Management Efficiency

The company has Return on Asset of (5.4506) % which means that on every $100 spent on assets, it lost $5.4506. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (30.3407) %, meaning that it generated no profit with money invested by stockholders. JC Penney's management efficiency ratios could be used to measure how well JC Penney manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 5.01 B in debt with debt to equity (D/E) ratio of 520.0, demonstrating that the company may be unable to create cash to meet all of its financial commitments. J C Penney has a current ratio of 1.34, which is typical for the industry and considered as normal. Debt can assist JC Penney until it has trouble settling it off, either with new capital or with free cash flow. So, JC Penney's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like J C Penney sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for JCP to invest in growth at high rates of return. When we think about JC Penney's use of debt, we should always consider it together with cash and equity.

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Penney Corporation, Inc., sells merchandise through department stores. The company was founded in 1902 and is based in Plano, Texas. JC Penney operates under Department Stores classification in USA and is traded on BATS Exchange. It employs 90000 people. J C Penney (JCP) is traded on New York Stock Exchange in USA and employs 90,000 people.

Management Performance

J C Penney Leadership Team

Elected by the shareholders, the JC Penney's board of directors comprises two types of representatives: JC Penney inside directors who are chosen from within the company, and outside directors, selected externally and held independent of JCP. The board's role is to monitor JC Penney's management team and ensure that shareholders' interests are well served. JC Penney's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, JC Penney's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary West, Chief Customer and Marketing Officer and Executive VP
Paul Brown, Independent Director
John Tighe, Executive Vice President Chief Merchant
Myron Ullman, CEO, Director
Marvin Ellison, CEO and Director
Brandy Treadway, Senior Vice President, General Counsel
Steven Whaley, Senior Vice President Chief Accounting Officer, Controller
Ronald Tysoe, Non-Executive Independent Chairman of the Board
B Owens, Independent Director
Thomas Engibous, Non-Executive Independent Chairman of the Board
Scott Laverty, CIO and Executive VP
Joseph Mcfarland, Executive Vice President and Chief Customer Officer
Jill Soltau, Chief Executive Officer, Director
Trent Kruse, IR Contact Officer
Wonya Lucas, Independent Director
Edward Record, CFO and Executive VP
Janet Link, Executive Vice President General Counsel
Marci Grebstein, Executive Vice President Chief Marketing Officer
Leonard Roberts, Independent Director
Paul Jones, Director
Gerald Turner, Independent Director
Paul Raines, Director
Bill Wafford, Chief Financial Officer, Executive Vice President
Amanda Ginsberg, Independent Director
Kristin Hays, IR Contact Officer
Jerry Murray, Interim CFO
Michael Amend, Executive Vice President - Omnichannel
Therace Risch, Executive Vice President and Chief Information Officer and Chief Digital Officer
Debora Plunkett, Independent Director
Colleen Barrett, Independent Director
Javier Teruel, Independent Director
Michael Fung, CFO, Interim Executive Vice President
Michelle Wlazlo, Executive Vice President - Chief Merchant
W Jones, Director
Jeffrey Davis, CFO, Executive Vice President
Brynn Evanson, Executive Vice President - Human Resources
Stephen Sadove, Independent Director
Craig Owens, Director
James DePaul, Executive Vice President of Stores
Michael Robbins, Executive Vice President - Supply Chain
Kirk Waidelich, Senior Vice President - Sales Promotion and Marketing
Lisa Payne, Independent Director
Andrew Drexler, Chief Accounting Officer, Sr. VP and Controller
R Turner, Independent Director

JCP Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is JC Penney a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in JCP Stock

If you are still planning to invest in J C Penney check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the JC Penney's history and understand the potential risks before investing.
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