Around the Net
Kohl's Makes Interim CEO Permanent
- Chain Store Age, Thursday, February 2, 2023 5:30 PM
Kohl's is making its interim CEO permanent. The troubled retailer's board has unanimously appointed Tom Kingsbury as CEO, effective Feb. 2. Kingsbury has served as Kohl’s interim chief executive since Dec. 2, following the resignation of Michelle Gass, who left the company to become president of Levi Strauss & Co. "In connection with Kingsbury’s appointment, Kohl’s said it has reached an agreement with Macellum, the activist investor group that has long targeted the retailer," per Chain Store Age.
