Myron E. Ullman | |
|---|---|
| Born | Myron Edward Ullman III (1946-11-26)November 26, 1946 Youngstown, Ohio, U.S. |
| Died | August 6, 2024(2024-08-06) (aged 77) Colorado, U.S. |
| Alma mater | University of Cincinnati |
| Occupation | Businessman |
| Spouse | |
| Children | 6 |
Myron Edward "Mike"Ullman III (November 26, 1946 – August 6, 2024) was an American businessman. During his career, he ledMacy's and was the chairman and CEO ofJ. C. Penney.[1][2] Ullman served as Penney's CEO twice: first from December 2004 through October 2011, when he was succeeded byRon Johnson, and then again after Johnson's departure, from April 2013 through July 2015 when Ullman stepped down.[3][4]
Born inYoungstown, Ohio, on November 26, 1946,[5] Ullman had six siblings, and his parents were residents ofCanfield, Ohio, where he grew up.[6][7] He attended theUniversity of Cincinnati and graduated in 1969; later that year, he married Cathy Emons, with whom he would go on to have six children.[6][8]
Ullman began his career atIBM and went on to work at the University of Cincinnati as its vice president for business affairs.[6] In the 1980s, he worked forFederated Department Stores and Hong Kong'sWharf Holdings.[6]
Ullman served as aWhite House Fellow in theOffice of the United States Trade Representative in 1981-82.
Ullman joinedMacy's in 1988 and was its CEO from 1992 to 1995.[6] Thereafter, he spent a stint atDFS Group, during which it was acquired byLVMH.[6] He then began his stints atJ. C. Penney, during which he sought to differentiate it from its competition by embracing higher-end brands.[6]
On June 26, 2018, Ullman succeededHoward Schultz as Chairman ofStarbucks Corporation.[9] He held that position until 2021.[6]
Ullman was on the boards of numerouscharitable organizations, including serving as Chairman ofMercy Ships from 2001 to 2021 and as a founding board member ofMother's Choice, afoster care charity inHong Kong.[10][11]
Ullman had aneurological disorder which gradually limited his mobility.[6] He adapted to this by often using aSegway.[6]
Ullman died on August 6, 2024, at the age of 77, from complications of cancer andAlzheimer's disease.[6] Sources differed on whether he died at his home inMontrose, Colorado,[12] or a hospice inGrand Junction, Colorado.[6]
| Board of directors |
|
|---|---|
| Assets and products | |
| Former assets | |
| See also | |
