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Penney Appoints Top Marketing Officer

DALLAS—John Budd has been named senior vice president and chief marketing officer of J.C. Penney Stores and Catalog, effective Feb. 1. Budd, who replaces Stephen Farley, will report to Vanessa Castagna, president and chief operating officer for Penney’s store, catalog and Internet operations. Budd was a longtime executive at May Department Stores, where he most recently served as executive vice president of merchandising for the Home Store.

Fogarty Withdraws From Bank Review

DALLAS—Fogarty Klein Monroe has exited the ongoing review for Southwest Bank of Texas’ estimated $2-4 million account.





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