Kohl’s Appoints New CEO

by Katie Lee

Menomonee Falls, Wis. — Kohl’s Corporation and its board of directors have unanimously appointed Tom Kingsbury as chief executive officer, effective February 2, 2023. Kingsbury has served as interim CEO since December 2, 2022. He will continue to serve on the company’s board.

“Tom’s exceptional track record growing retail businesses and his deep knowledge of Kohl’s makes him the right choice for Kohl’s next CEO. Since joining the board, Tom has added valuable insight and perspective, and as interim CEO, he has demonstrated strong leadership and made a meaningful and positive impact on the organization,” says Peter Boneparth, chairman of the board. “The board has the full confidence in Tom’s ability to drive the business forward, focusing on accelerating sales and profitability, and we look forward to our continued work together.”

Kingsbury brings over 40 years of retail industry experience serving in executive leadership and board roles at Kohl’s, Burlington Stores, Inc. and The May Department Stores Company. He led Burlington as president and CEO from 2008 to 2019 and served on the Burlington Stores board of directors from 2008 to 2020, including as chairman from 2014 to 2019 and as executive chairman from 2019 to 2020.

Kohl’s is a leading omnichannel retailer with more than 1,100 stores in 49 states. For more information, visit www.Kohls.com.





SOURCE: Kohl’s Corporation



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