J.C. Penney Loses Marketing Exec Amid Department Upheaval

J.C. Penney Co. lost its vice president of strategic marketing to Home Depot Inc., marking the third high-profile exit from that division for the ailing department-store company in the past 10 months.

Lisa DeStefano-Orebaugh will be a vice president of marketing and brand management, Jean Niemi, a spokeswoman for Home Depot, said in an e-mail. Michael Francis departed as J.C. Penney’s merchandise and marketing chief in June, and Greg Clark left as senior vice president of creative marketing in October before being named Jones Group Inc.’s marketing chief last week.