
Shares of U.S. department store chain Kohl's
Co names retail veteran Michael Bender as its permanent CEO, having served as the interim chief since May
Bender, is the fourth full-time CEO in three years at KSS, and has doubled down on leveraging the company's partnerships, as well as streamlining its operations through store closures and job cuts
Bender replaced Ashley Buchanan, former CEO who was fired for undisclosed personal relationship with a vendor whose deals he had aggressively pursued, barely 100 days into the role
Up to last close, KSS stock up ~12% this year