Dec 30 (Reuters) - J C Penney Company Inc JCPNQ.PK :
* JCPENNEY CHARTS A FRESH COURSE AND INITIATES A SEARCH FOR A NEW CHIEF EXECUTIVE OFFICER
* J C PENNEY COMPANY - HAVE LAUNCHED SEARCH FOR A CHIEF EXECUTIVE OFFICER TO REPLACE JILL SOLTAU, WHO WILL BE EXITING COMPANY EFFECTIVE DECEMBER 31
* J C PENNEY COMPANY INC - STANLEY SHASHOUA, SIMON PROPERTY GROUP'S CHIEF INVESTMENT OFFICER, WILL BE APPOINTED INTERIM CEO EFFECTIVE JANUARY 1, 2021
* J C PENNEY COMPANY - NEW OWNERSHIP GROUP WILL ESTABLISH A TEMPORARY OFFICE OF CEO TO INCLUDE KEY MEMBERS OF JCPENNEY'S CURRENT LEADERSHIP TEAM