NEW YORK (AP) — Ron Johnson’s short-lived tenure as J.C. Penney’s CEO will go down as one of the biggest flameouts in corporate America. The former Apple executive was hailed as a big thinker when he was hired by the ailing department store chain but his radical moves ended up alienating shoppers, sent sales plunging and left the company in an even worse situation.
He lasted 17 months.
But Johnson isn’t the only executive to be pushed out after failing to live up to big expectations. Here’s a look at some major ousters in recent times.