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

By NBC News   |   1 year ago
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Kohl's CEO Tom Kingsbury is stepping down, making way for Michaels CEO Ashley Buchanan to take over. Buchanan's extensive retail experience includes roles at Walmart and Sam's Club. Kingsbury will advise Buchanan until retiring in May, as Kohl's navigates challenges in the department store industry.

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