JC Penney Company Inc announced that Ann Marie Tallman, a highly accomplished leader in the public, private and non-profit sectors, will join the Company's Board of Directors, effective May 19. Ms. Tallman, an attorney, most recently served as President and general counsel of the Mexican American Legal Defense and Educational Fund (MALDEF).
Myron E. (Mike) Ullman, III, Chairman and Chief Executive Officer, said, "Ms. Tallman is an innovative leader and a compelling advocate of equal rights for all people.
Her broad-based business expertise in finance, governance, and marketing, coupled with a deep understanding of the Latino market will be a significant value to our Board.
We look forward to Ms. Tallman's contributions as we continue to make JCPenney a great place to work and a top retailer in terms of performance and execution."
Ms. Tallman added, "I am delighted to be involved in the next phase of JCPenney's growth and success as the company continues to execute its long range plan to become the preferred shopping choice of Middle America."
Ms. Tallman, 42, has been actively involved with the Latino community and MALDEF for more than 18 years.
Also a financial services expert, Ms. Tallman held the position of Senior Vice President with mortgage lending giant, Fannie Mae.
In this position, Ms. Tallman led Fannie Mae's Single Family Mortgage Business for the Western United States, which covered 25 states west of the Mississippi River.
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