FIT Honors JCPenney Chairman and CEO
At the collegeís annual benefit gala, held in January 2008 at Cipriani, FIT and The Educational Foundation for the Fashion Industries honored Myron E. Ullman III, chairman and CEO of JCPenney Company, Inc., for his retail industry leadership and humanitarian pursuits. Ullman joined JCPenney in 2004 and today, the retailer has more than 1,000 stores and 155,000 employees. Ullman also has expanded the companyís Afterschool Fund, which offers programs for at-risk children. Proceeds from the gala, which totaled $1,012,264, benefitted FITís Educational Development Fund and will help the college address a variety of priorities such as scholarships, technology, and student services.