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Kohl's names interim CEO Tom Kingsbury to the post permanently - TL;DR CNBC

Kohl's names interim CEO Tom Kingsbury to the post permanently

Publishing timestamp: 2023-02-02 17:21:39


Summary

Kohl's has named Tom Kingsbury as its permanent CEO, following the departure of former chief executive Michelle Gass. The company has also reached an agreement with activist investor Macellum, who had been pushing for changes to the company's board. Shares of Kohl's were up about 1% in after-hours trading on Thursday.


Sentiment: POSITIVE

Tickers: KSS,  FRG,  KHP-FF,  LEVI,  BURL, 

Keywords: franchise group inc,  kohl's corp,  business,  breaking news: business,  business news,  kohls corp,  burlington stores inc,  levi strauss & co, 

Source: https://www.cnbc.com/2023/02/02/kohls-names-interim-ceo-tom-kingsbury-to-the-post-permanently.html


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