J.C. Penney Losing Finance Chief

By Anonymous

Jeffrey Davis exit just over a year after taking the post

J.C. Penney Co.’s chief financial officer is resigning from his role, a little more than year after the struggling retailer announced he would take the job.

Jeffrey Davis told the company he is leaving the position Saturday to pursue another opportunity, the department store chain said Thursday. Jerry Murray, J.C. Penney’s senior vice president of finance, will assume the CFO role on an interim basis.