Questrom to head J.C. Penney

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Allen Questrom, 60, to chairman-CEO, J.C. Penney Co., Plano, Texas, from the same title at Barneys New York. Mr. Questrom brings to the struggling retailer more than 30 years in the industry, including a nine-year stint as chairman-CEO of Federated Department Stores. He is credited with leading both Barneys and Federated out of bankruptcy. Mr. Questrom succeeds James E. Oesterreicher, who retired.

Copyright July 2000, Crain Communications Inc.

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