Reply #3: is Eckerd's still part of the JC Penney family? [View All]

[cosmicdot]

JC Penney is one of America's largest department store, drugstore, catalog, and e-commerce retailers, employing 250,000 Associates. JC Penney' subsidiary, Eckerd Corporation, is the fourth-largest drugstore chain, operating approximately 2,686 drugstores throughout the Southeast, Sunbelt, and Northeast regions of the U.S. Eckerd, along with its drugstores, offers online shopping and pharmacy services through its Website, eckerd.com. Eckerd announced in 2003 that it plans to open 1,000 drugstores in the nest four years. Eckerd's new store designs increase space by 40%. Eckerd also offers pharmacy benefit management services through Eckerd Health Services. Eckerd Health Services provides progressive health care management by leveraging its extensive experience and leading edge technology and applying it to pharmacy management.

J. C. PENNEY COMPANY, INC.
6501 Legacy Drive, Plano, Texas
75024-3698


JC-PEN-NEY has such a lovely Board of Directors. Another business with "Texas" corporate connections??? If you've ever travelled in Delaware, JC Penney has an itsy bitsy bank branch in Harrington ... I think they're just down the street from the Discover Card itsy bitsy bank ... for 'incorporation' reasons.

Anne Richards is on the Board. I know she's popular. Learning more of her 'involvements' causes me to take a second look.

The values of corporatists filter down.

This incident should never have happened. Democracy doesn't exist in the corporate bureaucracy.


Thomas J. Engibous, 49

Chairman of the Board since 1998, and President and Chief
Executive Officer and a director since 1996, of Texas
Instruments Incorporated (electronics), with which he has served
in positions of increasing importance since 1976, including as
an Executive Vice President from 1993 to 1996; Director of
Catalyst and Dallas Citizens Council; Trustee of Southern
Methodist University; Member of The Business Council and The
Business Roundtable; Director of the Company since 1999.

Kent B. Foster, 58

Chairman and Chief Executive Officer, and a director, of Ingram
Micro Inc. (wholesaler distributor of technology) since 2000,
President from March to May 2000; President of GTE Corporation
(telecommunications) from 1995 to 1999; Vice Chairman of the
Board of Directors of GTE Corporation from 1993 to 1995;
President of GTE Telephone Operations Group from 1989 to 1995;
Director of Campbell Soup Company, New York Life Insurance
Company, the Dallas Symphony Orchestra and its Board of
Governors Council, and the Dallas Opera Executive Board; Trustee
of the Dallas Museum of Art and the GTE Foundation; Director of
the Company since 1998.

Ann W. Richards, 68

Senior Advisor, Public Strategies Inc. since 2001; Senior
Advisor, law firm of Verner, Liipfert, Bernhard, McPherson &
Hand from 1995 to 2001; Governor of Texas from 1991 to 1995;
State Treasurer, State of Texas, from 1983 to 1991; Chair,
Democratic National Convention, 1992; Director of the Aspen
Institute ( this is just another right-wing think-tank ) and Brandeis University; Director of the Company since 1995.

Leonard H. Roberts, 53

Chairman and Chief Executive Officer since 1999, and President
from 1993 to 1999, of RadioShack Corporation (consumer
electronics); Chairman and Chief Executive Officer of Shoney's,
Inc. from 1990 to 1993; President and Chief Executive Officer of
Arby's, Inc. from 1985 to 1990; Member of the Executive Board of
The National Retail Federation since 1998, of the Executive
Board of Students in Free Enterprise since 1985 and Chair-elect
of the Board of Governors of United Way of America; Director of
Texas Health Resources; Director of the Company since February
2002.

Vernon E. Jordan, Jr., 66

Managing Partner, investment banking firm of Lazard Freres & Co.
and Of Counsel, law firm of Akin, Gump, Strauss, Hauer & Feld,
L.L.P. since 2000; Senior Partner from 1992 to 1999 and Partner
from 1982 to 1992, Akin, Gump, Strauss, Hauer & Feld, L.L.P.;
President from 1977 to 1981 and Executive Director from 1972 to
1977 of the National Urban League; Director of America Online
Latin America, Inc., American Express Company, Barrick Gold,
Callaway Golf Company, Clear Channel Communications, Inc., Dow
Jones & Company, Inc., Fuji Bank, LBJ Foundation, Revlon, Inc.,
Sara Lee Corporation, and Xerox Corporation; Advisor,
International Advisory Board of DaimlerChrysler and Senior
Advisor, Shinsei Bank, Ltd.; Trustee of Howard University;
Director of the Company since 1973.

Jane C. Pfeiffer, 69

Independent management consultant; Chairman of the Board of
National Broadcasting Company, Inc. from 1978 to 1980 (that's NBC/GE);
Independent management consultant from 1976 to 1978; Vice
President of Communications and Government Relations of
International Business Machines Corporation from 1972 to 1976;
Director of Ashland Inc., International Paper Company, the Mony
Group, and The Mutual Life Insurance Company of New York; Senior
Member of The Conference Board and Trustee of the University of
Notre Dame; Director of the Company since 1977.

R. Gerald Turner, 56

President of Southern Methodist University since 1995;
Chancellor of the University of Mississippi from 1984 to 1995;
Chairman, President's Commission, the National Collegiate
Athletic Association, from 1991 to 1992; Director of California
Federal Preferred Capital Corporation, ChemFirst Inc. and
American AAdvantage Funds; Director of the Company since 1995.

M. Anthony Burns, 59

Chairman since 1985, Chief Executive Officer from 1983 to 2000,
and a director since 1979 of Ryder System, Inc. (a provider of
transportation and logistics services), with which he has served
in positions of increasing importance since 1974, including its
President from 1979 to 1999; Director of J. P. Morgan Chase &
Co., Pfizer, Inc., and The Black & Decker Corporation; Trustee
of the University of Miami; and a Member of The Business
Council; Director of the Company since 1988.

Allen Questrom, 62

Chairman of the Board and Chief Executive Officer of the Company
since September 2000; Director of Barney's New York, Inc., AEA
Investors, Inc., and Whitney Museum of Art; Trustee of Boston
University. Formerly, Chairman of the Board, from 1999 to
January 2001, and Chief Executive Officer, from 1999 to 2000, of
Barney's New York, Inc., and Chairman of the Board and Chief
Executive Officer of Federated Department Stores, Inc. from 1990
to 1997. Director of the Company since September 2000.

Charles S. Sanford, Jr., 65

Retired Chairman of the Board and Chief Executive Officer of
Bankers Trust New York Corporation and its principal subsidiary,
Bankers Trust Company, from 1987 to 1996, with which he served
in positions of increasing importance since 1961, including its
Deputy Chairman from 1986 to 1987 and President from 1983 to
1986; Member of the Foundation Board of Trustees of the
University of Georgia; Overseer of The Wharton School,
University of Pennsylvania; Director of the Company since 1992.

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