Kohl’s has hired Ashley Buchanan, chief executive of the crafts retailer Michaels, to be its next chief executive, the department store chain said on Monday.
Mr. Buchanan, who has run Michaels since 2020, will start on Jan. 15.
Mr. Buchanan will be the third chief executive at Kohl’s since 2018.
Tom Kingsbury has served as interim chief executive since Michelle Gass left in December 2022 to run Levi Strauss & Company.
Previously, Mr. Buchanan spent 13 years at Walmart, holding several senior roles, including chief merchandising officer and chief operating officer for Walmart’s U.S. e-commerce.
Persons:
Kohl’s, Ashley Buchanan, Michaels, Buchanan, Tom Kingsbury, Michelle Gass, Levi Strauss, Kingsbury
Organizations:
Kohl’s, Levi Strauss & Company, Mr, Walmart, Walmart’s
Locations:
Kohl’s