Kohl’s Corp. (NYSE:KSS) named interim chief Michael Bender as its permanent CEO on Monday, marking the department store’s third leadership change in as many years, as it works to reverse a prolonged sales slump.
The announcement comes just ahead of the retailer’s third-quarter earnings report, and follows months of turmoil after the board ousted former chief executive Ashley Buchanan over improper dealings with a vendor with whom he had a personal relationship.
