CNBC is reporting that former Apple Retail head Ron Johnson is out as CEO of JC Penney, the job he took after resigning from Apple.
@CNBC: BREAKING: Ron Johnson out as J.C. Penney CEO - source
Johnson departed Apple in late 2011 and was replaced by John Browett, the CEO of British computing retailer Dixons. Browett's tenure was a bumpy one and he was fired after less than a year on the job.
Nearly six months after Browett left Apple, the position remains open, leading many to speculate that Johnson would be a natural fit to move back into the position he occupied for more than ten years.






















