Published

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

  • Kohl's CEO Tom Kingsbury will step down on January 15, 2025, and be replaced by Michaels CEO Ashley Buchanan.
  • Kingsbury will serve as an advisor and remain on the Board until retiring in May 2025.
  • Board Chair Michael Bender stated Buchanan will provide leadership to help transform Kohl's and drive future growth.
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