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Fortune
Fortune
Emma Hinchliffe, Paige McGlauflin

Women Fortune 500 CEOs will drop by one after Kohl's CEO joins Levi Strauss

(Credit: Sarah Silbiger/Bloomberg via Getty Images)

Good morning, Broadsheet readers! Accenture CEO Julie Sweet offers career advice, Brittney Griner is transferred to a Russian penal colony, and Kohl's CEO Michelle Gass is leaving the Fortune 500 to take over an iconic brand.

- Tailored to the job. Yesterday, we reported that Michelle Gass is leaving her CEO post at Kohl's to head Levi Strauss. That's a notable move for those who watch the gender makeup of the Fortune 500, which will soon lose another woman. 

Gass has been an executive at Kohl's since 2013 and took over as chief executive in 2018. During that time, Kohl's has struggled to grow sales, which have remained flat at around $19 billion. And it's not for lack of trying: Gass implemented a partnership with Sephora, bringing the beauty shops into Kohl's stores, and partnered with Amazon to place return desks at Kohl's locations.

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