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Kohl's CEO Tom Kingsbury to step down
Ashley Buchanan named the next CEO of Kohl's; Tom Kingsbury to step down
Tom Kingsbury will step down as top boss of Kohl’s Corporation (NYSE:KSS) effective January 15, 2025, the company said in a statement Monday. He will be replaced by Ashley Buchanan as CEO. Buchanan has been the chief executive of Michaels Companies since 2020 and,
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Change in Command: Kohl's Names Ashley Buchanan CEO to Succeed Tom Kingsbury
Buchanan joins Kohl's from Michaels Companies, where he is credited with improving profitability and the cash flow.
5h
How activist investor fights, poor sales led Kohl's Corp. to its third CEO in four years
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
10h
All Change At Kohl’s As Retailer Confirms Weak Third Quarter
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
The Business Journals
1d
What Kohl's will pay its new CEO when he starts in January
Kohl's (NYSE: KSS) announced Monday that
Ashley
Buchanan
, 50, starts Jan. 15 as CEO of the Menomonee Falls-based business ...
1d
Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Mr. Buchanan will be the third chief executive at Kohl’s since 2018. Tom Kingsbury has served as interim chief executive ...
BizTimes
15h
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
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