An Inverse Relationship At J.C. Penney - InvestingChannel

An Inverse Relationship At J.C. Penney

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  • As the filing helpfully points out in footnote 5 to the summary compensation table, Ullman spent $896,010 on personal use of the corporate jet in 2014.
  • The last time that Ullman was at the helm at JC Penney, his personal jet usage was $362,682, which means the 2014 figure is 1.5 times higher.
  • We won’t do it here, but just imagine if you will a simple graphic that plots Ullman’s personal jet usage and the company’s sagging stock price over the past five years.