Bill Wafford joined JCPenney in April 2019 as executive vice president, chief financial officer, reporting to Stanley Shashoua, Simon Property Group’s chief investment officer, JCPenney interim CEO. As CFO, Wafford is responsible for all aspects of the Company’s finance and accounting operations. He also leads Supply Chain operations including fulfillment, logistics, and transportation.
Wafford brings over 25 years of broad finance experience to JCPenney. Prior to joining the Company, he served as executive vice president, chief financial officer for The Vitamin Shoppe, where he oversaw all aspects of the company’s finance strategy and execution. He joined The Vitamin Shoppe in 2017 as senior vice president overseeing strategy, finance, international operations, and business development.
Wafford served as a partner in the advisory practice group of KPMG following a five-year career at Walgreens Boots Alliance. While at Walgreens, he served in positions of increasing responsibility including vice president of international finance, where he was involved in the acquisition of Alliance Boots, creating the world’s largest retail pharmacy, health, and daily living destination. Before Walgreens, Wafford held multiple finance-related positions with Archstone Consulting, Bank of America, and Target Corporation, where he managed the financial planning and analysis for their $8 billion women’s and men’s apparel divisions.
Wafford holds a Bachelor of Science in economics from the University of California, Riverside, and an MBA in finance and strategy from Indiana University, Kelley School of Management.
Michelle Wlazlo joined JCPenney in March 2019 as executive vice president, chief merchandising officer, reporting to Stanley Shashoua, Simon Property Group’s chief investment officer, JCPenney interim CEO. Wlazlo is responsible for leading the Company’s global merchandise strategy and operations including Merchandising, Planning and Allocation, Pricing, Product Design, and Development and Sourcing.
Wlazlo brings 30 years of merchandising and stores experience from a variety of retailers. Prior to joining JCPenney, she served as senior vice president, merchandising over apparel and accessories, baby gear and essentials at Target Corporation, where she helped lead a robust merchandising transformation program impacting 1,400 stores and launched 15 new private brands.
Before Target, Wlazlo spent 19 years at GAP, Inc., in a variety of roles for Gap, Gap Outlet and Old Navy, most recently as senior vice president, GAP global merchandising across all brand divisions, including women’s, men’s, kids, baby, body, and fit. She began her career at Saks Fifth Avenue, Inc., before assuming roles as store manager and buyer at Bebe Stores, Inc.
Wlazlo attended Lowthian College in Minneapolis and the Executive Education Program at Columbia University’s Graduate School of Business. She currently serves on the board of directors for the National Association for the Education of Young Children.
James (Jim) DePaul joined JCPenney in August 2019 as executive vice president of stores, reporting to Stanley Shashoua, Simon Property Group’s chief investment officer, JCPenney interim CEO. DePaul leads all aspects of stores, store operations, environment and design, and asset protection. He is responsible for improving in-store and omnichannel operations to deliver an engaging and productive customer experience, grow store traffic, and increase customer retention.
Prior to joining the Company, DePaul spent more than 20 years at Shopko Stores. He most recently served as chief operations officer, where he oversaw all stores, pharmacy, optical, supply chain, e-commerce operations, non-merchandise procurement, store operations, store development, loss prevention, and merchandise support. While at Shopko, DePaul made key improvements to customer service scores, operating expenses, shrink, and overall productivity. He also served as Shopko’s chief administrative officer and senior vice president of store operations. DePaul began his career in 1995 and spent three years at Target Corporation, working in merchandising and operations positions before joining Shopko in 1998 as a store manager.
DePaul holds a Bachelor of Science in business administration-accounting from the University of Missouri – St. Louis and an MBA in finance from Lakeland College in Wisconsin.
Brandy Treadway is senior vice president, general counsel and secretary at JCPenney, reporting to Stanley Shashoua, Simon Property Group’s chief investment officer, JCPenney interim CEO. Treadway is responsible for all facets of the legal function at the Company, including corporate law, securities, transactions, litigation, legal real estate, labor and employment, and regulatory issues. She oversees the Company’s ethics and compliance, government relations and privacy groups, and is responsible for JCPenney’s environmental, social, and governance sustainability initiatives.
Treadway joined JCPenney in 2011 as senior counsel in the securities department, where she spent three years preparing the Company’s public filings and supporting the Board of Directors. She was promoted to assistant general counsel, legal operations in 2014 and to vice president, associate general counsel in 2016. In 2017, she became senior vice president, general counsel, and assumed the role of corporate secretary in 2020. Before joining JCPenney, Treadway spent nine years as an attorney practicing corporate, private equity, capital markets, bankruptcy, and mergers and acquisitions law at the Dallas and London offices of Weil, Gotshal & Manges LLP.
Treadway holds a Bachelor of Arts degree in foreign affairs and French from the University of Virginia, and earned her law degree at Southern Methodist University’s Dedman School of Law in Dallas.
Truett Horne joined JCPenney in 2019 as senior vice president, chief transformation officer, reporting to Stanley Shashoua, Simon Property Group’s chief investment officer, JCPenney interim CEO. He is responsible for the development and implementation of the Plan for Renewal, which encapsulates the Company’s strategic and transformational initiatives. He is also interim head of Marketing while the Company continues its search for a chief customer officer.
Horne brings extensive experience in retail and consumer packaged goods, including category management, advanced analytics, and pricing. Before joining JCPenney, he held positions of increasing responsibility at McKinsey & Company, where he most recently served as associate principal and was integral in developing retail business-to-business strategies and recommendations to improve sales, information technology, and marketing.
Horne also has expertise in merger and acquisition diligence and value creation, having led dozens of private equity and portfolio improvement initiatives. Earlier in his career, he served in associate and analyst roles at Lazard Freres & Co. LLC, Hovde Financial, and Bear Stearns & Co., Inc.
Horne holds a Bachelor of Arts in economics and business administration from Rhodes College in Tennessee and an MBA from Columbia University in New York.
Laurie Wilson joined JCPenney in 2019 as senior vice president of planning and allocation and pricing, reporting to Michelle Wlazlo, executive vice president, chief merchandising officer. Wilson is responsible for leading and developing strategies to enhance inventory management, lower cost of goods sold, and restore profitable growth. She has over 25 years of experience in planning and allocation, merchandise, finance, pricing, operations, and strategy.
Prior to joining JCPenney, Wilson was president and CEO of LW Associates, a consulting practice focused on transformative strategies leveraging digital technology for retail and wholesale brands and solution providers. Before LW Associates, she spent the majority of her career at Macy’s, Inc., and Federated Department Stores. At Macy’s, Wilson served in several roles of increasing responsibility, including executive vice president of business strategy, where she was responsible for the development of a transformative retail strategy across multiple facets of the company. She also spent 10 years at Federated Department Stores in top leadership roles within planning, merchandise information systems, financial planning and operations, merchandise and financial planning, and allocation. Wilson began her retail career at Carter Hawley Hales Stores, Inc., and Bloomingdale’s, Inc.
Wilson holds a Bachelor of Arts degree in history and French from Princeton University and an Executive MBA from New York University’s Stern School of Business. She also serves on the Board of Advisors for Profitect, Inc.
Melissa Pint is the senior vice president of information technology at JCPenney, reporting to Stanley Shashoua, Simon Property Group’s chief investment officer, JCPenney interim CEO. Pint is responsible for the overall vision, strategic direction, and tactical execution of our information technology systems and teams, including the Company’s Bangalore operations in India.
Pint joined JCPenney in 2016 as vice president, information technology, application portfolio management and development, and led technology support across stores, supply chain, and corporate systems. She also led the successful stabilization and advancement of the Company’s stores, supply chain, and corporate IT systems. Before joining JCPenney, Pint spent 13 years at Target Corporation, where she served in roles of increasing responsibility, including senior director of application development. During her tenure at Target, she spent time in an overseas expatriate assignment to help establish and grow their captive center for IT software development in Bangalore, India. She began her career at Cargill, where she served as a software engineer and technology project manager.
Pint holds a Bachelor of Arts degree in computer science from the University of St. Thomas in Minnesota, and an MBA in corporate strategy from the University of Minnesota.
Steve Whaley joined JCPenney in 2019 as senior vice president, principal accounting officer and controller, reporting to Bill Wafford, executive vice president, chief financial officer. In this role, Whaley develops and executes strategic financial decisions and leads the Company’s accounting operations and financial reporting functions, including the support services teams in Salt Lake City and Bangalore, India.
Whaley has over 35 years of accounting and audit leadership experience and most recently served as senior vice president and controller, principal accounting officer at Walmart, Inc. During his time at Walmart, he developed the global controllership organization from both a talent and operational perspective. He was also responsible for financial reporting, SEC compliance, internal controls, and SOX compliance. Prior to Walmart, Whaley was with Southwest Airlines for over 16 years, ultimately serving as vice president and controller. Whaley began his accounting career with KPMG in audit services.
Whaley is a certified public accountant and holds a Bachelor of Business Administration degree in accounting from the University of Oklahoma.
Colin Dougherty joined JCPenney in 2019 as senior vice president of finance, reporting to Bill Wafford, executive vice president, chief financial officer. Dougherty leads the Company’s finance strategy, operations, and financial planning and analysis functions.
Dougherty brings more than 25 years of experience in the finance and retail industries to the Company. Before joining JCPenney, he worked at Hudson’s Bay Company as senior vice president of financial planning and analysis. While there, he focused on profit improvement, finance transformation, sourcing and strategic initiatives, and successfully launched the company’s first shared services and innovation center in Bangalore, India.
Prior to Hudson’s Bay, Dougherty spent 17 years at Target Corporation in a variety of roles, including vice president of financial planning and analysis and director of business services, where he led the core team to launch Target India. Before joining Target, he worked at U.S. Bank as a product manager and assistant vice president. Dougherty began his finance career at The Travelers.
Dougherty holds a Bachelor of Arts degree in liberal studies and computer applications from the University of Notre Dame, and an MBA from the Yale School of Management. He serves on the Board of Directors for the Greater Twin Cities Youth Symphonies and Shattuck-St. Mary’s Education Services.
Victor Ejarque joined JCPenney in 2019 and is the senior vice president, general merchandise manager for women’s apparel, footwear, and accessories, reporting to Michelle Wlazlo, executive vice president, chief merchandising officer. In this role, Ejarque is responsible for leading and developing merchandising strategies and programs across the women’s apparel, footwear, and accessories businesses to create a compelling shopping experience for customers. He brings 25 years of broad retail experience in product, merchandising, supply chain, and operations.
Prior to joining JCPenney, Ejarque served as vice president and general merchandise manager of global operations at Guess, Inc., where he oversaw the company’s merchandising, buying, planning, allocation, supply chain and logistics. Before Guess, Ejarque served as vice president and general merchandise manager of women’s apparel and accessories for Kmart.
Ejarque spent 13 years with Stradivarius, which is owned by Inditex, the largest fashion group in the world and also the parent company of Zara. While at Stradivarius, he served in several leadership roles including head of buying, head of commercial department and allocation, and head of sourcing and supply chain for Asia. Ejarque began his career at Polo and Co., where he spent 10 years as a business and production manager.
Ejarque studied history at Universitat Autónoma de Barcelona and received a master’s degree in marketing from Spain’s EADA Business School.
Val Harris is the senior vice president, product design and development for apparel, footwear, and handbags at JCPenney, reporting to Michelle Wlazlo, executive vice president, chief merchandising officer. She is responsible for establishing and maintaining relevance across the Company’s apparel, footwear, and handbag categories, and segmenting the Company’s exclusive private brands.
Harris joined the Company in 1978 as a sales associate in Chicago, where she discovered her passion for retail and customer service. With over 35 years of retail experience at JCPenney, she has held merchandising positions of increasing responsibility in stores and in the Home Office, including vice president, product development services, and divisional vice president, product design and development. Most recently, Harris served as vice president, product design and development for women’s apparel, intimates, and accessories where she was responsible for leading strategic brand direction and product design.
Harris holds a Bachelor of Arts degree in marketing from Bradley University in Illinois.
Stacey Shively joined JCPenney in 2019 as senior vice president, general merchandise manager for home, reporting to Michelle Wlazlo, executive vice president, chief merchandising officer. In this role, Shively is responsible for leading and developing the Company’s home merchandising strategies, ensuring alignment across all product categories, including bedding and bath, window coverings, small electronics, cookware and tabletop, mattresses, home electronics, luggage, seasonal, and home décor.
Shively brings an extensive background in merchandising, product development, inventory management, and vendor relationships to JCPenney. She most recently served as senior vice president of merchandising for Gettington and Fingerhut at Bluestem Brands, Inc., where she optimized assortments, implemented new pricing strategies, and launched 15 new brands. Shively joined Bluestem in 2012 as vice president of merchandising for home, where she led new merchandising processes and developed a profitable brand suite of eight new proprietary brands.
Prior to Bluestem, Shivley was vice president of merchandising for Deal$, a chain of discount variety stores owned by Dollar Tree, and spent 17 years at Target Corporation in roles of increasing responsibility in merchandising, negotiations, inventory and planning, and stores.
Shively holds a Bachelor of Fine Arts degree in interior design from Design Institute of San Diego.
Pam Mortensen is senior vice president, general merchandise manager for fine jewelry at JCPenney, reporting to Michelle Wlazlo, executive vice president, chief merchandising officer. Mortensen joined the Company in 2009 and has implemented popular concepts including Modern Bride® and Bijoux Bar to position JCPenney as a destination for style and fashion in jewelry.
Prior to JCPenney, Mortensen served in leadership roles at Walmart, Inc. as vice president and divisional merchandise manager of fine jewelry and watches, and at Service Merchandise as vice president and divisional merchandise manager. During her tenure at Walmart, she helped develop standards for responsible jewelry sourcing and launched the Love, Earth jewelry collection, giving customers the ability to trace the path of their jewelry from mine to market. Mortensen began her jewelry career at Zale Corporation and her retail career at Federated Department Stores.
Mortensen holds a Bachelor of Science degree from the University of Arkansas, and was named an Outstanding Alumna by the Dale Bumpers College of Agricultural, Food, and Life Sciences. For 10 years, she has served on the Board of Directors for Jewelers for Children, an organization founded by the U.S. jewelry industry to help children in need, and became chairman in 2017.
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