secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001193125-24-265228
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312524265228/0001193125-24-265228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312524265228/d867536d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-265228

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