Marketing chief Michael Francis is leaving Target and will become president of J.C. Penney. Francis has been overseeing Target's plans to expand in Canada, where the company hopes to start opening stores in 2013.
Ex-Target executive Michael Francis abruptly exits J.C. Penney
Michael Francis, Target's former Chief Marketing Officer, is leaving J.C. Penney after only eight and a half months as president of the struggling Texas-based department chain. J.C. Penney lured Francis away from the Minneapolis-based discount chain last year. He was responsible for Penney's marketing and merchandising operations.