J.C. Penney (JCP) Sourcing Head Ken Mangon Resigns - Report

November 23, 2012 11:54 AM EST
J.C. Penney Co., Inc. (NYSE: JCP) EVP of product development, design and sourcing Ken Mangon has resigned, according to a report from Business Insider. He has been with the company since 1977.

BI notes the timing of the exit is curious given the holiday season. The article also suggests that JCPenney's Black Friday opening time of Friday morning instead of late Thursday night like competitors could have something to do with the departure.

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