The report came from the WSJ claims that the mastermind Ron Johnson, VP of Retail is about to leaving the Apple and becoming the CEO of JC Penny. VP Of Retail, Ron Johnson had joined the Apple in 2000 and got lot of reputation and become one of the pillar of Apple’s success in the division of retail Apple Store. Here is the bio information available about Ron Johnson about his career in Apple:

Ron Johnson joined Apple as senior vice president in January 2000. Reporting directly to the CEO, Johnson leads Apple’s retail strategy and is responsible for its overall execution and performance. Under Ron’s leadership, Apple has opened over 300 stores to date. Johnson has over 20 years of experience in retail and merchandising as well as a strong track record for delivering consistent year over year growth for billion-dollar companies.

On the first moments of news, any firm does not confirm it, but later J.C Penny has just announced and confirmed the news of Ron Johnson that he will become the CEO from the starting of November and will invest $50 million in company.

Myron E. (Mike) Ullman, III, chairman and chief executive officer of J. C. Penney Company, Inc. (NYSE: JCP), today announced that Ron Johnson, an innovative and highly regarded retail executive, has been named the Company’s next chief executive officer, succeeding Mr. Ullman in that role.

After some time, Apple also joined the statement party and announced that they are “actively recruiting” for Johnson’s replacement in retail, said in a brief comment to All Things Digital.

Apple confirmed his departure in a brief comment to AllThingsD. “Ron is excited about this opportunity and we hope it goes well for him,” a spokesperson said. “We’ve got a great retail team in place and are actively recruiting for his replacement.