Kohl’s Corporation announced that its Board of Directors has unanimously named Michael J. Bender as Chief Executive Officer, effective immediately. Mr. Bender has been serving as Interim Chief Executive Officer since May 1, 2025.
Bender is a retail veteran with 30 years of experience at companies ranging from Walmart to PepsiCo.
He took over from Ashley Buchanan, Kohl’s previous CEO who was fired in May after an internal investigation showed he had directed the company to work with a vendor established by someone he had a personal relationship with.
In a statement, Kohl’s Board Chair John Schlifske told investors, “Over the past several months as interim CEO, Michael has proven to be an exceptional leader for Kohl’s – progressively improving results, driving short and long-term strategy, and positively impacting cultural change. With three decades of leadership experience across retail and consumer goods companies and a deep commitment to the Kohl’s brand, we are confident Michael will continue to lead the Company forward in a way that will benefit our associates, customers, and shareholders.”
Kohl’s new CEO, Bender, stated, “I’m honored to take on the role of CEO at Kohl’s. Working with the teams over the last six months has deepened my love of this company and my conviction in what’s possible for our future. Kohl’s has a storied and important role in the retail industry, serving and celebrating families with great products, compelling value, and a differentiated shopping experience. I’m looking forward to reestablishing our leadership position by putting our customers first every day. While we’re pleased by our recent progress, we’re deeply motivated to accelerate our transformation – together with our partners, vendors, and incredible Kohl’s associates all across the country.”
The announcement comes shortly ahead of Kohl’s Q3 earnings results, to be released today at 9:00 a.m. ET.
Kohl’s shares rose slightly following the announcement.
By CEO NA Editorial Staff
