Kohl’s Names Michael Bender CEO

Kohl’s Corp. (Menomonee Falls, Wis.) announced its board has unanimously appointed Michael Bender as CEO. Previously board chair, Bender took the reins at the 1100-unit department store chain on an interim basis in May, after Ashley Buchanan was fired from that post for violating company policy by engaging in vendor transactions that involved conflicts of interest.

The board said in a press release that it unanimously opted to place Bender in the CEO role on a permanent basis after an extensive search by an external firm.

“Over the past several months as interim CEO, Michael has proven to be an exceptional leader for Kohl’s – progressively improving results, driving short and long-term strategy, and positively impacting cultural change,” said Board Chair John Schlifske. “With three decades of leadership experience across retail and consumer goods companies and a deep commitment to the Kohl’s brand, we are confident Michael will continue to lead the company forward in a way that will benefit our associates, customers and shareholders.”

Said Bender, who will continue to serve on the retailer’s board: “I’m honored to take on the role of CEO at Kohl’s. Working with the teams over the last six months has deepened my love of this company and my conviction in what’s possible for our future.

“Kohl’s has a storied and important role in the retail industry, serving and celebrating families with great products, compelling value and a differentiated shopping experience. I’m looking forward to reestablishing our leadership position by putting our customers first every day. While we’re pleased by our recent progress, we’re deeply motivated to accelerate our transformation – together with our partners, vendors, and incredible Kohl’s associates all across the country.”

Bender’s career includes stints at Eyemart Express LLC, Walmart Inc., Cardinal Health Inc., Victoria’s Secret for L Brands Inc. and PepsiCo Inc.