J.C. Penney Company, Inc. (JCP): The One Way Ron Johnson Has Helped

Totaling it up
J.C. Penney has paid Ron Johnson approximately $2.5 million in cash and other compensation, and granted him 1.66 million shares of stock, which would be worth approximately $25.7 million based on the stock’s recent trading price. However, all of this compensation is worth much less than the $50 million Johnson paid to J.C. Penney back in 2011 to acquire his warrants. Unless J.C. Penney makes a big comeback in the next five years, Ron Johnson will have actually paid for the privilege to work there. Maybe J.C. Penney Company, Inc. (NYSE:JCP) shareholders are finding that “You get what you pay for!”

The article The One Way Ron Johnson Has Helped J.C. Penney originally appeared on Fool.com is written by Adam Levine-Weinberg.

Fool contributor Adam Levine-Weinberg owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple.

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