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4-Traders Homepage  >  Equities  >  Nyse  >  Home Depot Inc    HD

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J.C. Penney names new CFO

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05/03/2012 | 10:46pm CET

J.C. Penney Co Inc (>> J.C. Penney Company, Inc.) on Thursday said it named an outside executive with experience in reducing costs to be its new finance chief.

J.C. Penney Co Inc (>> J.C. Penney Company, Inc.) on Thursday said it named an outside executive with experience in reducing costs to be its new finance chief.

Ken Hannah, who will start on Monday and report to Chief Operating Officer Mike Kramer, was most recently president of solar energy at MEMC Electronics Materials, where his responsibilities included simplifying the organizations and cutting costs.

Earlier in his career he held finance positions at The Home Depot Inc (>> The Home Depot, Inc.) and Boeing (>> The Boeing Company).

Kramer has been interim CFO since April 13, when Michael Dastugue left as CFO after only 15 months.

(Reporting by Phil Wahba; Editing by Bernard Orr)

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Financials ($)
Sales 2018 99 083 M
EBIT 2018 14 433 M
Net income 2018 8 516 M
Debt 2018 20 686 M
Yield 2018 2,40%
P/E ratio 2018 20,22
P/E ratio 2019 17,95
EV / Sales 2018 2,00x
EV / Sales 2019 1,92x
Capitalization 177 791 M
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Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 155 $
Spread / Average Target 5,9%
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Managers
NameTitle
Craig A. Menear Chairman, President & Chief Executive Officer
Carol B. Tomé Chief Financial Officer & EVP-Corporate Services
Matthew A. Carey Chief Information Officer & Executive VP
Paul J. Gaffney Senior Vice President-Information Technology
Greg D. Brenneman Lead Independent Director
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