NEW YORK (AP) — J.C. Penney’s reinstalled CEO Mike Ullman is poised to get a big pay increase as the chain shows some signs of a turnaround.

J.C. Penney Co. could increase Ullman’s base salary to $1.5 million for this year, from $810,606 in the fiscal year that ended Feb. 1, according to a Securities and Exchange Commission filing Monday. He could also get $5.5 million in stock awards and is eligible to receive a $3 million bonus.