JCPenney adds to operations team
Linda Cahan -- Gifts & Dec, June 8, 2012
Plano, Texas - JCPenney announced another round of executive appointments in operations, planning and procurement.
Thorsten Weber, who has been with the company since 2002 in several roles, has been promoted to senior vp, merchandising planning and allocation. Prior to JCP, he worked for Kaufmann's department stores, starting in its merchandise training program and becoming a buyer.
Vaneet Grover has been appointed senior vp, procurement. He was previously senior vp, supply chain, for Tandy Brands. Before that, he held strategic sourcing and supply chain roles at Abercrombie & Fitch, Gap, Agilent Technologies and Boeing.
Both report to chief operating officer Mike Kramer.
Bob Peterson has been appointed to senior vp, operational strategy, and will be responsible for identifying and evaluating key business opportunities and strategic alliances. Peterson previously spent 20 years at Piper Jaffray in several positions, most recently leading the global equities business. Prior to that, he was the head of the Private Client Services business, where he helped to transition the business to a wealth management model and sell off the division to UBS. He reports jointly to coo Kramer and cfo Ken Hannah.
In addition, Eric Cerny has joined the retailer as vp, investor relations. Most recently, he oversaw investor relations at Abercrombie & Fitch.
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