---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-265228"
form_type: "8-K"
ticker: "KSS"
cik: "0000885639"
company_name: "KOHLS Corp"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:23:10.522664+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kohl's appoints Ashley Buchanan as CEO, Tom Kingsbury to retire in May 2025

## Summary
- Ashley Buchanan, former CEO of Michaels and Walmart exec, appointed CEO of Kohl's effective Jan 15, 2025.
- Tom Kingsbury to step down as CEO on Jan 15, serve as advisor and board member until retirement in May 2025.
- Buchanan's compensation: $1.475M base salary, $3.75M cash signing bonus, $17M in RSUs and $9M annual LTI target.
- Buchanan resigned from Macy's board on Nov 25, 2024, due to his appointment at Kohl's.
- Kingsbury's departure is part of planned succession; no disagreement with company.

## SEC filing metadata
- accession: 0001193125-24-265228
- form_type: 8-K
- ticker: KSS
- cik: 0000885639
- company_name: KOHLS Corp
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885639/000119312524265228/0001193125-24-265228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885639/000119312524265228/d867536d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-265228
- JSON: https://secwatch.observer/filing/0001193125-24-265228.json
- Plain text: https://secwatch.observer/filing/0001193125-24-265228.txt

## Key facts
- Executive change
  Thomas A. Kingsbury departed as Advisor to the Chief Executive Officer at KOHLS Corp.
  - Action: resign
  - Role: Advisor to the Chief Executive Officer
  source text: On May 10, 2025, in accordance with the terms of his Employment Agreement, Mr. Kingsbury’s term of employment will end and he will resign from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312524265228/0001193125-24-265228-index.htm
- Executive change
  J. Ashley Buchanan was appointed as Chief Executive Officer at KOHLS Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed J. Ashley Buchanan as the Company’s Chief Executive Officer and as a member of the Board, effective January 15, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312524265228/0001193125-24-265228-index.htm
- Executive change
  Thomas A. Kingsbury changed role as Advisor to the Chief Executive Officer at KOHLS Corp.
  - Action: transition
  - Role: Advisor to the Chief Executive Officer
  source text: Thomas A. Kingsbury, the Company’s current Chief Executive Officer, will transition to the position of Advisor to the Chief Executive Officer on January 15, 2025, and serve in the position until May 10, 2025, in accordance with the terms of his Employment Agreement with the Company, dated May 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312524265228/0001193125-24-265228-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
