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Sunday, April 01, 2012

Forget customers, JC Penney treats CEOs very well- hands out nice chunks to CEOs

J.C. Penney CEO Ron Johnson gets $53.3M in total compensaton - Dallas Business Journal: "J.C. Penney Co. CEO Ron Johnson received $53.3 million in total compensation from the company last year, the Wall Street Journal reported.
Johnson joined Plano-based J.C. Penney (NYSE: JCP) in November from Apple Inc.    (NASDAQ: AAPL), where he was the chief retail officer.
Johnson received base salary of $375,000 and $52.7 million in stock awards, the Journal reported, citing a regulatory filing. The Journal reported that Myron "Mike" Ullman, the former CEO, received $34.6 million in total compensation last year."

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