The majority of the ceo’s compensation came in stock and option awards.
The retailer trumpeted an “improved performance in our total apparel business.”
The department store has denied claims that it misled investors in 2013 on its financial state.
The company is accelerating its move into the area, with tests on bathroom remodeling, smart home installation and more.
The two executives, who split up ceo duties at J.C. Penney last year, were each paid handsomely for their efforts.
In a speech, Ellison said the retailer’s Penney’s weaknesses include assortment planning, supply chain efficiency, customer analytics and e-commerce.
Same-store sales rose 4.1 percent, with total sales reaching $2.88 billion.