Consumer

Kohl’s Interim CEO Gets Permanent Job After Year of Disarray

Michael BenderSource: Kohl’s Corp.

Kohl’s Corp. promoted interim Chief Executive Officer Michael Bender to the role on a permanent basis as the US retailer tries to move past a period of management turmoil and slumping sales.

Bender has been running Kohl’s since the spring, when ex-CEO Ashley Buchanan was fired months into his tenure for directing millions of dollars of business to someone with whom he has had a personal relationship that was not disclosed.