BILL ACKMAN JCPENNEY PRESENTATION PDF

CONTAINED IN THIS PRESENTATION. PAST PERFORMANCE IS Capital allocation: Bill Ackman, Pershing Square. • The business has JCP operates 1, department stores in 49 states and PR. • JCP owns of its. Now, courtesy of the WSJ Deal Journal, is Bill Ackman’s slideshow presentation on JCP from the event. Entitled “Think Big”, Ackman examines. Bill Ackman’s hedge fund Pershing Square Capital Management held its Ackman’s thesis on JCP can be summed up in the points below.

Author: Fenrikazahn Kagakazahn
Country: Malaysia
Language: English (Spanish)
Genre: Art
Published (Last): 19 March 2005
Pages: 206
PDF File Size: 18.44 Mb
ePub File Size: 15.36 Mb
ISBN: 496-5-84166-681-6
Downloads: 72930
Price: Free* [*Free Regsitration Required]
Uploader: Mazusar

Quickly the mood shifted. Rather than soft, gooey orbs, Ackman grumbled, these were rock hard. Johnson displays the sort of enthusiasm and unwavering commitment that inspires followers. Most of the cost would be borne by Penney.

As staffers pitched their corporate junk, they were invited to select a few replacement items with the new logo in exchange. The Dream Team CEO Ron Johnson assembled a group of executives at JCPenney whose resumes were filled with all kinds of accomplishments at successful companies, some of them even retail.

The 64 slides were meant to presenttation investors that the turnaround CEO Ron Johnson was executing would deliver significant results down the road. Penney, based on months of interviews with 32 current and former executives and vendors and more than 20 investors, analysts, and competitors. Newer Post Older Post Home.

TOP Related Posts  SURRENDER KIMBERLY ZANT PDF

How to Fail in Business While Really, Really Trying

Billions in revenue were vaporized, and more jcpehney 20, people — many of whom embraced the new Penney — lost their jobs, seeming to hasten the decline of American brick-and-mortar retailing. The views presented here do not necessarily represent those of advisor perspectives.

Low q1 earnings conference call transcript fool. So it was that J.

Bill Ackman’s Ira Sohn Slideshow Presentation on J.C. Penney (JCP) ~ market folly

The Ritz-Carlton, where Johnson and some of the most senior executives stayed, became an unofficial club and meeting spot for the people at the top. Penney shoppers will be offended and choose to no longer shop there. That would have been a smart move. Why did Roth bail out? Penney jcp last week we posted up notes from the ira sohn conference including a summary of the pershing square founders talk on j. Bill ackman, hedge funds, performance, pershing square popular articles david solomon pulls dina powell from davos in the desert after realizing that goldman sachs was about to lose moral.

Hedge fund billionaire william ackman has acknowledged that his big investment in j. Give feedback on the new search experience. Meanwhile, Johnson was recruiting a team of high-priced all-stars from the outside. It was as prrsentation a triple-A team had just signed Babe Ruth.

Within days of the meeting he was gone. I, along with Ackman, missed the fact that what JCPenney really needed were two people: Some veterans retaliated by calling the new team the Bad Apples. He then told Francis he wanted more say over marketing — much of which happened in Minneapolis, where Francis had built a large communications and advertising operation.

TOP Related Posts  LTA320WT L08 PDF

The investor initially resisted, demanding that the board quickly find a replacement for Ullman.

In the past, we’d posted up Ackman’s potential JCP real estate thesis. The first round of layoffs had begun in April, with 19, employees losing their jobs over several months. Solution of jc penny case b free download as word doc.

Bill Ackman – Page 2 – T&T Capital Management

The board had been stunned by the breadth of his planned transformation. But it was a venerable company withemployees and 1, stores. Too late, Francis told him. While there are few businesses I despise more than retail merchandising, the combination of real estate and cost savings leads to an obvious conclusion that the stock is undervalued.

When Johnson eventually unveiled his strategy, it centered on a few points.