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 since Michelle Gass left in December 2022 to run Levi Strauss & Company. Mr. Kingsbury will retain his seat on the board of directors until he retires in May.
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Buchanan joined Michaels as CEO in 2020. He was at the helm when the company was acquired in 2021 by Apollo Global ...
Kohl's reported disappointing Q3 earnings as sales in key segments lagged expectations, prompting a downward revision of its ...
"We are excited to welcome Ashley to Kohl's," said Board Chair Michael Bender. "His vast retail experience leading ...
Ashley Buchanan is joining Kohl's Corp. from The Michaels Cos. Inc., where he has been the CEO since 2020. The new head ...
NEW YORK — (AP) — Department store retailer Kohl's Inc. says Michaels CEO and retail veteran Ashley Buchanan will take over its top job, effective January 15. Buchanan succeeds Tom Kingsbury, who ...
Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive ...
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