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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,
Kohl’s Snags Ashley Buchanan from Michael’s as New CEO; Kingsbury Signals Exit
The Board has appointed retail veteran Ashley Buchanan as CEO, effective January 15. Buchanan has been CEO of Michaels Companies since 2020. Before that, he held various senior executive roles at Walmart and Sam’s Club during his 13 years at the company.
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.
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.
Kohl's CEO Kingsbury to Step Down
(Reuters) - Kohl's said on Monday that Tom Kingsbury plans to step down as CEO, effective Jan. 15, 2025, and will be replaced by Ashley Buchanan. The company said Kingsbury will stay in an advisory role to the new CEO and retain his position on Kohl's board through his retirement in May 2025.
Kohl’s Q3 Sales Drop 8.8% as Ashley Buchanan Prepares to Become CEO
The current CEO of Michaels will step into the top job at Kohl’s in January and will have to address the chain’s soft performance in apparel.
Kohl's CEO Tom Kingsbury To Step Down In January 2025; Names Ashley Buchanan CEO
Kohl's Corp. (KSS) announced Monday that Tom Kingsbury plans to step down as Chief Executive Officer, effective January 15, 2025. He
Kohl's names Michaels CEO Ashley Buchanan to assume top job, effective Jan. 15
Department store retailer Kohl’s Inc. says Michaels CEO and retail veteran Ashley Buchanan will take over its top job, effective January 15
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.
1d
Kohl’s Shakes Up Leadership As Retailer Reports $37 Million Drop In The Third Quarter Over 2023
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
2d
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 ...
BizTimes
2d
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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