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Kohl's see-saws; names interim CEO Michael Bender to permanent role

ReutersNov 24, 2025 3:14 PM

Shares of U.S. department store chain Kohl's see-saw in volatile early trading

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

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