October 29, 2018 / 9:52 PM / 10 months ago

J. C. Penney names Michael Fung as interim CFO

Oct 29 (Reuters) - Department store operator J. C. Penney Co Inc on Monday named Michael Fung its second interim chief financial officer in less than a month.

J C Penney last month said its Chief Financial Officer Jeffrey Davis planned to step down effective Oct. 1 and appointed Jerry Murray as interim chief financial officer.

Fung has been the interim CFO for Neiman Marcus Group and 99 Cents Only Stores following his retirement from Walmart Stores. (Reporting by Diptendu Lahiri in Bengaluru; Editing by Shounak Dasgupta)

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