Jones New York Adds Questrom to Board

The retail industry veteran comes aboard after a series of CEO stints.
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Jones Apparel (JNY) named veteran retail exec Allen Questrom to its board.

Questrom is principal of AEA Investors. Previously he ran

Barneys New York

,

J.C. Penney

(JCP) - Get Report

and

Federated Department Stores

(FD)

.

"On behalf of the Jones Apparel Group Board of Directors and the entire management team, I want to welcome Allen Questrom," said CEO Peter Boneparth. "He is a proven industry leader with an unparalleled and distinguished career. We look forward to his leadership, guidance and contributions."

On Tuesday, Jones shares fell 22 cents to $28.48.