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Kohl’s Names New CEO

Will the 'Sephora at Kohl's' strategy change?

Michaels CEO Ashley Buchanan will join Kohl’s as chief executive officer in January. He replaces Tom Kingsbury who will remain on the board before retiring in May. Buchanan has been CEO of Michaels Companies since 2020. Before that, he spent 13 years at Walmart. There, he held various executive roles, including chief merchandising and chief operating officer for Walmart U.S. e-commerce. This experience will “bring a steady, proven, innovative leader to Kohl’s as we continue to transform...

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