Kohl’s CEO will step down on January 15, 2025, and a Kohl's department store is pictured on March 12 in Miami.
Mandatory Credit:	Joe Raedle/Getty Images via CNN Newsource

Kohl’s CEO will step down on January 15, 2025, and a Kohl's department store is pictured on March 12 in Miami.
Mandatory Credit: Joe Raedle/Getty Images via CNN Newsource

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Kohl’s CEO will step down. He’ll be replaced by the head of Michaels

Ashley Buchanan, the next Kohl’s CEO, has been CEO of Michaels since 2020 and was a senior executive at Walmart and Walmart-owned Sam’s Club for 13 years.