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Kohl's Names Buchanan of Michaels Cos
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 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 Names Buchanan of Michaels Cos. to Take Over as CEO
Kohl’s Corp. named the chief executive officer of Michaels Cos. to lead the retailer as it looks to recover from a deep sales slump.
14h
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.
MarketWatch
12m
Kohl's 3Q Sales Decline, New 2024 Outlook Suggests Tough Holiday Period
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.
U.S. News & World Report
5h
Kohl's Lowers Annual Sales Forecast Again on Muted Holiday Demand
(Reuters) -
Kohl
's on Tuesday forecast a bigger drop in annual sales ... The company announced the exit of its CEO Tom ...
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