JC Penney nabs Apple's head of retail to become its new chief executive

The head of Apple's retail operations, Ron Johnson, is set to depart Apple and will become the new president and chief executive of retailer J.C. Penney.

Source: http://feeds.appleinsider.com/click.phdo?i=1d5ae83d8867eaea67e3c71aad2c2457

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