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Penney CEO gets no bonus, stock award after dismal year
Reuters ^ | April 2, 2013 | Phil Wahba

Posted on 04/03/2013 6:01:17 AM PDT by Zakeet

J.C. Penney Co Inc Chief Executive Ron Johnson received total compensation of $1.9 million in 2012, according to a regulatory filing on Tuesday, a sharp decline after a year that saw the department store chain's sales fall perilously.

[Snip]

Johnson's base salary was unchanged at $1.5 million, but he received no bonus or stock award in 2012 because of Penney's results, Penney said in its filing. He was eligible in 2012 for a bonus of $1.875 million.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: economy; familyvalues; genderdysphoria; homosexualagenda; jcp; jcpenney; jcpenny; penney; retail

OK ... so our stock dropped 44 percent last year and has lost 26 percent so far this year ... that's just a minor speed bump ... and you Right Wing Nuts need to know that it has absolutely nothing whatsoever to do with our sponsorship of homosexual marriage and gays adopting children ... and so you can end your stupid and ineffective boycott of our stores!

1 posted on 04/03/2013 6:01:17 AM PDT by Zakeet
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To: Zakeet

He may be taking a financial hit,
but he’s remaining “true to the cause”.


2 posted on 04/03/2013 6:02:39 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Zakeet

He looks gay


3 posted on 04/03/2013 6:02:47 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: knarf

My first thought too.

He’s “man pretty”.


4 posted on 04/03/2013 6:20:17 AM PDT by GOPsterinMA (Time to musk up.)
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To: Zakeet

Apple has one of the most terrible marketing strategies in the USA: Overcharge, force customers to come to you and limit number of stores; but sell great technology. It was the technology that made the once great Apple once great, not the marketing. Now try to apply that marketing to underwear and shirts. Is any one surprised?


5 posted on 04/03/2013 6:33:55 AM PDT by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: Zakeet

6 posted on 04/03/2013 6:36:44 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: Zakeet

Heck, that’s not the way it’s done. You can tank and STILL get rewarded with a big bonus. It’s du rigeur. What a piker.


7 posted on 04/03/2013 6:48:34 AM PDT by Wolfie
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To: Zakeet

Horrible job. He wrecked a good company, years in business.


8 posted on 04/03/2013 7:04:09 AM PDT by reefdiver (Be the Best you can be Whatever you Dream to be)
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To: MrB

It would appear that his”Golden-Parachute”failed?????????


9 posted on 04/03/2013 7:21:43 AM PDT by bandleader
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To: knarf

I think he looks a bit like”The Breck-Girl”.I wonder if his haircuts cost $500.00???????????????????


10 posted on 04/03/2013 7:22:59 AM PDT by bandleader
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To: Zakeet

Instead of a bonus, he will receive a date with Penney’s spokes-homosexual, Ellen Degeneres.


11 posted on 04/03/2013 11:32:27 AM PDT by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: Pining_4_TX

Why would he want a date with a woman?


12 posted on 04/03/2013 11:33:56 AM PDT by The_Media_never_lie (Actually, they lie when it suits them! The crooked MS media must be defeated any way it can be done!)
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To: The_Media_never_lie

“Why would he want a date with a woman?”

Interesting question. Is a date with a lesbian a date with a woman? I tell you, this new world we live in is confusing. ;-)


13 posted on 04/03/2013 11:36:30 AM PDT by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: Pining_4_TX

Why would he want a date with a woman?


14 posted on 04/03/2013 11:50:20 AM PDT by The_Media_never_lie (Actually, they lie when it suits them! The crooked MS media must be defeated any way it can be done!)
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