Good morning. Kohl's needs to appoint its fourth CEO in less than three years after its chief executive was ousted due to an ethics violation linked to a compromising personal relationship.
Ashley Buchanan began his tenure as CEO of Kohl’s on Jan. 15, 2025, most recently serving as chief executive of The Michaels Companies. Before that, he held a variety of senior executive roles at Walmart and Sam's Club. Buchanan's appointment at Kohl’s followed Tom Kingsbury, who was in the role for two years. Kingbury had succeeded Michelle Gass, who left Kohl’s to lead Levi’s.
