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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 Names Michaels CEO Ashley Buchanan As New Chief Executive
Kohl's announced Ashley Buchanan, CEO of Michaels, as its new chief executive, effective January 15. Tom Kingsbury will remain an advisor until May. Buchanan has led Michaels since 2020 and previously held leadership roles at Walmart and Sam’s Club.
Fox Business
5h
Kohl's shares tumble on earnings miss, CEO to step down in January
Michaels
CEO Ashley Buchanan will take over the company on Jan. 15, though Kingsbury will stay on in an advisory role and ...
6h
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.
The Motley Fool
10h
Why Kohl's Stock Crashed 20% on Tuesday
Kohl
's CEO is resigning, and the company is bringing in a relief pitcher from
Michaels
. Analysts forecast
Kohl
's would ...
The Business Journals
14h
Harley-Davidson, Kohl's listed among companies most likely to be sold
Morgan Stanley (NYSE: MS) issued its predictions earlier this month — before
Kohl
’s announced Monday that CEO Tom Kingsbury ...
4h
Kohl’s incoming CEO has a tough road ahead. Here’s why
Kohl's names Ashley Buchanan its new chief executive. An overview of challenges he will likely face as Kohl's CEO.
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