Kohl's names Dave Alves President & COO; Tom Kingsbury CEO effective Feb 2

KOHLS Corp

Dave Alves appointed President & COO, effective April 2023, reporting to CEO Tom Kingsbury.
Alves will oversee ~1,200 stores, global supply chain, real estate, sustainability, risk management.
Alves receives $1.125M base salary and $1.4M signing incentive (two $700K payments).
Tom Kingsbury confirmed as CEO effective Feb 2, 2023, with $1.475M base salary and up to $250K/yr aircraft benefit.
Alves is a 30-year retail veteran, previously president at Bealls Retail Group.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Dave Alves

President & Chief Operating Officer

KSS · KOHLS Corp

Filed: February 28, 2023, 6:59 PM ET

On February 20, 2023, Dave Alves accepted his appointment as the President & Chief Operating Officer of Kohl’s Corporation (the “Company”).

Appointed

Thomas Kingsbury

Chief Executive Officer

KSS · KOHLS Corp

Effective: 2023-02-02
Filed: February 28, 2023, 6:59 PM ET

Effective February 24, 2023, Thomas Kingsbury entered into an offer letter with the Company confirming the terms of his appointment as the Chief Executive Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Alves was appointed as President & Chief Operating Officer at KOHLS Corp.

Action: appointed
Role: President & Chief Operating Officer

Exact text from the filing

On February 20, 2023, Dave Alves accepted his appointment as the President & Chief Operating Officer of Kohl’s Corporation (the “Company”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Kingsbury was appointed as Chief Executive Officer at KOHLS Corp.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Effective February 24, 2023, Thomas Kingsbury entered into an offer letter with the Company confirming the terms of his appointment as the Chief Executive Officer of the Company.

View on SEC.gov

KOHLS Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-053975

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