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Wednesday May 22nd 2013
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Vornado sale of JC Penney shares adds to growing pressure on CEO

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(Reuters) – J.C. Penney Co Chief Executive Ron Johnson has only to the end of the year to turn around the ailing retailer and stem a massive decline in sales or risk being fired, a person familiar with the board’s thinking said on Tuesday.

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Post Published: 05 March 2013
Found in section: Finance

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