JCPenney announced it hired Stephanie Plaines as CFO effective immediately.
In this position, Plaines will lead all financial activities for the retailer, including strategy, real estate, capital deployment, credit services, sourcing and procurement, treasury, and accounting. She will also apply her decades of experience working with data to improve business performance and profitability.
“Stephanie brings more than 20 years of high-performance strategic and financial leadership with best-in-class global retailers. Her deep strengths in data-forward financial management and track record of value creation will make her an invaluable advisor throughout the business as we develop new digital and technology capabilities to advance our transformation agenda,” said Marc Rosen, CEO.
Plaines was CFO at Jones Lang LaSalle, a global commercial real estate services company. She brings experience as a senior executive at companies including Starbucks, Walmart and Ahold Delhaize. Plaines currently serves as a board director and audit committee member for Nielsen Holdings plc and The Clorox Company.