Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Kohl's on Monday said Ashley Buchanan, the current CEO of crafts store Michaels, will take over on Jan. 15, succeeding Kingsbury. It will be the company's third new chief executive in three years.
(Reuters) -Kohl's on Tuesday forecast a bigger drop in annual sales ... The company announced the exit of its CEO Tom ...