J.C. Penney’s finance head of three years is leaving to “pursue other interests.”

Edward Record stepped down as CFO of Penney effective July 11, according to a regulatory filing. He will remain in an advisory capacity with the company until Aug. 7. Andrew Drexler, Penney’s senior VP and chief accounting officer and controller, will serve as interim CFO while the retailer searches looks for Record’s replacement.

“The timing of his departure coincides with a demonstrated sales performance improvement in the second quarter, and we…