Kohl’s (KSS) Hits New 52-Week High as Firm Appoints New CEO

Core Viewpoint - Kohl's Corporation has seen a significant stock price increase following the appointment of Michael Bender as the new CEO, indicating investor optimism regarding the company's turnaround strategy and operational improvements [1][2]. Company Leadership - Michael Bender has been officially appointed as CEO after serving as interim CEO since May 1, 2025, replacing Ashley Buchanan, who was dismissed due to a company investigation [3][4]. - Bender has a strong background in retail leadership, having held positions at Victoria's Secret, Walmart, and Eyemart Express, which positions him well to lead Kohl's [4][5]. - The Board Chairman, John Schlifske, expressed confidence in Bender's leadership, highlighting his ability to improve results and drive both short and long-term strategies [4][5]. Stock Performance - Kohl's stock reached a new 52-week high, peaking at $22.45 during intra-day trading, and closed up by 42.16% at $22.42 [2].