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Michaels, Kohl
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 Snags Ashley Buchanan from Michael’s as New CEO; Kingsbury Signals Exit
The Board has appointed retail veteran Ashley Buchanan as CEO, effective January 15. Buchanan has been CEO of Michaels Companies since 2020. Before that, he held various senior executive roles at Walmart and Sam’s Club during his 13 years at the company.
2d
How activist investor fights, poor sales led Kohl's Corp. to its third CEO in four years
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
Dallas Morning News on MSN
4d
Michaels looking for new leader as CEO moves to Kohl’s
(Ben Torres / Special Contributor) Irving-based
Michaels
is set to be under new leadership as its CEO prepares to move to ...
1d
Kohl’s Shakes Up Leadership As Retailer Reports $37 Million Drop In The Third Quarter Over 2023
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
The Motley Fool on MSN
3d
Why Kohl's Stock Crashed 20% on Tuesday
Kohl
's CEO is resigning, and the company is bringing in a relief pitcher from
Michaels
. At a P/E of 10 after its sell-off ...
The Business Journals
4d
What Kohl's will pay its new CEO when he starts in January
Ashley Buchanan is joining
Kohl
's Corp. from The
Michaels
Cos. Inc., where he has been the CEO since 2020. The new head ...
2d
on MSN
Kohl’s has a new CEO, but not enough of the things its shoppers depend on
When Kohl’s Corp. on Monday announced it was getting a new chief executive next year, investors got suspicious. On Tuesday, ...
3d
Kohl's Shares Slump on Lowered Annual Sales Forecast as Holiday Demand Wanes
Kohl's comparable sales dropped 9.3% for the quarter ended Nov. 2, its eleventh consecutive quarter of decline. Analysts on ...
3d
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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