Leadership failures, outdated business models, a tired image and many other factors have weighed on JC Penney (JCP, Financial)'s stock price. Billionaire investor Bill Ackman believes he is the man with the plan to turn things around at the retailer. In the presentation below, he takes investors through the history of the company's mistakes and gives his vision of what it will take to fix them:
AckmanJCP
AckmanJCP