Comments on: J.C. Penney exposes inefficiency valuing CEOs Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: Psychologist Fri, 12 Apr 2013 18:20:56 +0000 A lack of products, focus, and brand image are serious weaknesses for any company. A CEO has to be flexible and willing to use test marketing strategies. Johnson was neither. I would suggest that the European firm Migros look at at Penney as an acquisitions candidate.