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Michael Dastugue has served as senior vice president and director of property development for JCPenney since 2005. In this role, Michael is responsible for strategies designed to make JCPenney an easy, enjoyable and exciting place to shop by enhancing the store environment to provide the best-in-class shopping experience, and leading the Company’s aggressive store expansion program to open 250 new stores from 2007 to 2011. Prior to his current position, Michael served as senior vice president and director of corporate finance. He began his career with JCPenney as a treasurer’s financial analyst in 1991, and subsequently held a variety of finance management positions of increasing responsibility. | 