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Kohl's CEO Tom Kingsbury to step down
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.
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,
Tom Kingsbury steps down early as Kohl's CEO
He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.
Hosted on MSN
19m
Shoppers Are Still Abandoning Kohl's—Here's Why
RELATED: Costco Shoppers Are Abandoning These Kirkland Products: "Worst Things I’ve Ever Tasted." According to Kohl’s ...
4h
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 ...
8h
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, ...
6h
Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter
The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...
1d
on MSN
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.
sgbonline
10h
Kohl’s Shares Plunge 17 Percent as CEO to Exit and Q3 Results, Holiday Outlook Disappoint
Kohl’s Corporation’s outgoing CEO Tom Kingsbury said in a Tuesday media release that third quarter results did not meet ...
BizTimes
13h
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 ...
The Wall Street Journal on MSN
7h
We Messed Up: Kohl’s CEO Gives a Mea Culpa
Chief executives rarely admit when they are wrong. But
Kohl’s
outgoing CEO
Tom
Kingsbury
had no trouble this week ...
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