Kohl's to name Michael Bender as permanent CEO: report

Core Viewpoint - Kohl's Corp. is set to appoint Michael Bender as its permanent CEO, following a series of leadership changes and challenges within the company [1][3]. Group 1: Leadership Changes - Michael Bender has been serving as the interim CEO since May, after the dismissal of former CEO Ashley Buchanan due to undisclosed personal relationships with a vendor [3][4]. - This marks the third CEO change for Kohl's in three years, highlighting ongoing struggles with sales against online and big-box competitors [3][5]. Group 2: Candidate Background - Bender has been a director on Kohl's board since July 2019 and possesses over 30 years of senior leadership experience in major retail companies, including Walmart and Victoria's Secret [4].