jill soltau compensation
Find out what's happening in the world as it unfolds.CNNMoney's Julia Carpenter contributed to this story.The company announced on Tuesday that Soltau will take over as its chief executive beginning on October 15. Factset: FactSet Research Systems Inc.2018. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. JCPenney has been leaderless since Marvin Ellison left in May to take the top job at Lowe's.Soltau, 51, will be the 25th woman currently leading a Fortune 500 company, according to Fortune magazine. On average, Jill trades about 357,053 units every 42 days since 2018. In a regulatory filing, it was disclosed that J.C. Penny CEO Jill Soltau received a $4.5 million bonus. There are 8 older and 5 younger executives at J. C. Penney Co. All times are ET. In the past Ms. Soltau held the position of President & Chief Executive Officer of Jo-Ann Stores, Inc., President, Chief Executive Officer & Director at Jo-Ann Stores LLC and President & Chief Merchandising Officer at ShopKo Stores Operating Co. LLC. From the story: Soltau will enter the job with a target annual compensation of $11 million, consisting of a salary, bonus and a long-term incentive. Ms. Soltau JCP stock SEC Form 4 insiders trading. The oldest executive at J. C. Penney Co., Inc. is J. C. Penney Co., Inc. is a holding company, which through its subsidiary, J. C. Penney Corporation, Inc., engages in the selling merchandise and services to consumers through its department stores and website. The company was founded by James Cash Penney in April 1902 and is headquartered in Plano, TX. J C PENNEY CO INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Jill Soltau, a veteran retail leader most recently in charge Joann fabric and craft stores, will be tasked with fixing JCPenney. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. She has also held positions at Shopko, Sears, and Kohl's.Penney selecting Soltau signals the company wants to break from Ellison's strategy.Ellison was a former Home Depot executive and led Penney into the appliance business. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. But his tenure had mixed results: Washers and dryers were not major draws for customers and its clothing assortment suffered.Penney believes its core shoppers are middle-aged women. Jill Soltau is the chief executive officer of JCPenney and a member of the Board of Directors.
Jill has 7 jobs listed on their profile. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. View Jill Soltau’s profile on LinkedIn, the world's largest professional community. All rights reserved. Earlier this month, Penney introduced Artesia, a new women's chic brand for less than $30.Most stock quote data provided by BATS. Most recently she sold 1,999,371 units of JCP stock worth $639,799 on 12 June 2020.. She joined the Company in October 2018 and developed the Company's Plan for Renewal strategic initiatives focused on driving traffic, offering compelling merchandise, creating an engaging customer experience, fueling growth, and building a results-minded culture. JCPenney also has a glut of clothing piling up at its warehouses and stores.Penney has been searching for a leader with merchandising experience to help it make better decisions about which brands to sell in stores. She will become Penney's fifth chief executive in the past decade.She will make a base salary of $1.4 million, with a $6 million signing bonus and will be eligible for annual performance-based bonuses.In a sign that Soltau has Wall Street's approval to start, shares rose 10% in extended trading.Soltau will face a daunting task: turning around JCPenney (JCPenney's decline comes at a moment when rival department stores Nordstrom (Soltau will have to make tough decisions about Penney's store footprint. As part of the plan, Jill Soltau, chief executive officer (CEO) of the company received $4.5 million.
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