Dastugue to Leave J.C. Penney as CFO

Michael DastugueMichael Dastugue

PLANO, Texas-Michael Dastugue, J.C. Penney's executive vice president and chief financial officer, will leave the retailer on April 13.

Michael Kramer, chief operating officer, will assume the chief financial officer duties in an interim capacity. A search has begun for a new chief financial officer.

Dastugue was named chief financial officer last year. He has been with J.C. Penney since 1991, serving as director of property development, treasurer and senior vice president of finance.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN May digital issue

    HFN's DIGITAL EDITION

    May 2017


    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    ALSO IN THIS ISSUE:

    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money