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Kohl, Michaels
Kohl’s CEO will step down. He’ll be replaced by the head of Michaels
Kohl’s announced its CEO Tom Kingsbury will step down on January 15, 2025, and will be replaced by the CEO of arts and crafts retailer Michaels.
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.
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.
Kohl's Names New CEO
Kohl's Stock Spirals on Earnings Miss, CEO Switch: What to Know
Kohl's stock is sinking Tuesday after the retailer missed Q3 earnings expectations, slashed its full-year outlook and announced a C-suite shakeup.
Kohl's: Fiscal Q3 Earnings Snapshot
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. The department store operator posted revenue of $3.71 billion in the period, which also missed Street forecasts.
Kohl’s Names New CEO Ahead of Earnings
Kohl’s stock fell in after-hour trading Monday following the department store’s announcement that CEO Tom Kingsbury is retiring at the end of the year. The company has named Ashley Buchanan, current CEO of Michaels,
The Business Journals
15h
CEO to leave Michaels, head to department store
Buchanan joined
Michaels
as CEO in 2020. He was at the helm when the company was acquired in 2021 by Apollo Global ...
1h
Kohl’s shares tank 20% as CEO abruptly quits before crucial Black Friday kickoff
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
1h
Kohl's Q3 Sales, Q4 Forecast Disappoint
Kohl's reported disappointing Q3 earnings as sales in key segments lagged expectations, prompting a downward revision of its ...
SchaeffersResearch.com
7m
Kohl's Stock Eyes Worst Day Since 2020 After Earnings
KSS gapped to a fresh four-year low of $14.53 earlier, after running into familiar overhead pressure at the $19 level. Shares ...
The Business Journals
15h
What Kohl's will pay its new CEO when he starts in January
Ashley Buchanan is joining
Kohl
's Corp. from The
Michaels
Cos. Inc., where he has been the CEO since 2020. The new head ...
16h
on MSN
Kohl's CEO to depart after less than two years at the helm
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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