Dennis P. Miller

Overview

The Board of Directors of the Company has elected Dennis P. Miller, 55, as Senior Vice President and Controller of the Company effective June 3, 2008. Mr. Miller has also been elected to serve as Senior Vice President and Controller of JCP effective June 3, 2008. Mr. Miller has served as JCP"s Vice President, Director of Procurement and Strategic Sourcing, since October 2004. Prior to that, Mr. Miller served as Senior Vice President and Chief Financial Officer of Eckerd Corporation, the Company"s former drugstore subsidiary, from 2001 to 2004. Miller joined JCPenney in 1974, and has served in various senior executive positions in the Company"s Auditing, Controller"s and Procurement departments. During his tenure, he served on assignment at Eckerd Drugstores, which was formerly owned by JCPenney, as controller and subsequently as chief financial officer.