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Fired JCPenney CEO Has a Promising New Startup

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Ron Johnson during his tenure as JCPenney's CEO. Image via Getty
Ron Johnson during his tenure as JCPenney's CEO. Image via Getty

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Ron Johnson is back in business, but this time he's traded corporate life for start-up culture. The former JCPenney CEO is reportedly helming a "high-end, on demand delivery service for gadgets," according to The Information. Johnson has yet to officially confirm the rumors, but he's populated his team with former Apple execs and is planning on employing a number of people to run branded, energy-efficient vans for the delivery service, according to anonymous sources.

If the report is correct, Johnson is positioning himself between some hefty competitors—Amazon and Google are both working on same-day delivery services, although neither has hit on huge success with the idea as of yet. According to the article, Johnson's delivery service could launch as early as next year.

· Former Apple Exec, J.C. Penney CEO to Launch Delivery Startup [The Information, sub req]
· Former JCPenney CEO Ron Johnson Tried To Resign Three Times [Racked]
· JCPenney Allegedly Raises Prices So Sales Look Better [Racked]
· The Pay Gap Between Retail CEOs and Store Employees Will Astound You [Racked]

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