By  on March 16, 2011

J.C. Penney Co. Inc. chief executive officer Myron E. “Mike” Ullman 3rd rode his firm’s higher sales and profits to a nearly 50 percent increase in his 2010 pay package.

According to a preliminary proxy statement filed late Monday with the Securities and Exchange Commission, Ullman’s total pay came to $13.1 million last year, 49.2 percent above the $8.8 million he earned in 2009 but 13.9 percent below his 2008 package.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus