October 29, 2018 / 9:55 PM / 21 days ago

J. C. Penney names Michael Fung as interim CFO

(Reuters) - Department store operator J. C. Penney Co Inc (JCP.N) 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 [NMRCUS.UL] and 99 Cents Only Stores [NMBRHC.UL] following his retirement from Walmart Stores (WMT.N).

Reporting by Diptendu Lahiri in Bengaluru; Editing by Shounak Dasgupta

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