JCPenney Names New CFO

JCPenney has named Stephanie Plaines as the chief financial officer (CFO), effective immediately.

Plaines will lead all financial activities across the enterprise with oversight of financial strategy, real estate, capital deployment, credit services, sourcing and procurement, treasury, and accounting. 

“Stephanie brings more than 20 years of high-performance strategic and financial leadership with best-in-class global retailers,” said Marc Rosen, CEO of JCPenney. “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.”

Plaines most recently served as CFO at Jones Lang LaSalle, a leading global commercial real estate services company. She brings experience as a senior executive at companies including Starbucks, Walmart and Ahold Delhaize. She currently serves as a board director and audit committee member for Nielsen Holdings plc and The Clorox Company. 

Plaines earned a bachelor’s degree in finance from the University of Florida and a Master of Business Administration degree at the University of Texas at Austin