He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Chief executives rarely admit when they are wrong. But Kohl’s outgoing CEO Tom Kingsbury had no trouble this week owning up ...
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Kohl's CEO Tom Kingsbury will step down after less than two years. Ashley Buchanan, former Walmart executive, will succeed ...
Kohl’s CEO Tom Kingsbury is “not satisfied” with where the company financially stands heading into the holiday season—a time ...
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current ...
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
The department store has tapped Michaels CEO Ashley Buchanan to lead the retailer beginning early next year, replacing Tom ...
(Reuters) - Kohl's said on Monday that Tom Kingsbury plans to step down as CEO, effective Jan. 15, 2025, and will be replaced ...