Leadership change Michael J. Bender became Chief Executive Officer (from Interim CEO) · DEF 14A, Apr 2026

Kohl’s Corporation ·KSS

Interim CEO elevated amid retail turnaround, no COO layer

Retailing · Fortune #261 · Functional structure · 60K employees · Menomonee Falls, Wisconsin

View as of:
5
CEO span
↓ tighter than peers (avg 9)
2.6
Avg span
moderate
3
Max depth
3 levels
3.8 yr
Avg tenure
stable vs FY2024
40%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2026-01-31 · 10-K
Revenue
$15.5B
Operating income
$624M
Net income
$272M
Total assets
$13.4B
Shares out
112M

Sourced from Kohl’s Corporation DEF 14A · filed 2026-04-10 ↗ View on SEC

Interactive org chart

Kohl’s Corporation organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Interim CEO Michael Bender’s elevation left Kohl’s with a wide CEO span and no COO. This page maps Kohl’s functional leadership structure, executive team, recent changes, and peer comparisons for context.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Fred Hand departed as Senior EVP, Director of Stores

Announced retirement effective April 3, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief Operating Officer Introduce a COO to consolidate stores and supply chain under one executive, reducing CEO span.
  • Director of Stores Retirement Remove the retiring Director of Stores role pending appointment of a successor.

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The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Michael J. Bender

Chief Executive Officer

Executive

1 yr

21 reports

Nick Jones

Chief Merchandising Officer

Merchandising

3 yr

4 reports

Fred Hand

Senior EVP, Director of Stores

Stores

3 yr

4 reports

internal

Jill Timm

Chief Financial Officer

Finance

6 yr

3 reports

Christie Raymond

Chief Marketing Officer

Marketing

4 yr

3 reports

Jennifer Kent

Chief Legal Officer & Corporate Secretary

Legal

3 yr

2 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 5 named executive officers disclosed. Bar length scales with total compensation.

Michael J. Bender $9.0M
Base salary
$1.11M
Stock awards
$3.78M
Non-equity incentive
$3.64M
Other
$516K
Fiscal year
FY2025
Jill Timm $5.6M
Base salary
$950K
Stock awards
$2.30M
Non-equity incentive
$2.29M
Other
$106K
Fiscal year
FY2025
Fred Hand $5.2M
Base salary
$900K
Stock awards
$2.00M
Non-equity incentive
$2.17M
Other
$83K
Fiscal year
FY2025
Nick Jones $5.7M
Base salary
$900K
Stock awards
$2.30M
Non-equity incentive
$2.34M
Other
$121K
Fiscal year
FY2025
Christie Raymond $3.8M
Base salary
$725K
Stock awards
$1.50M
Non-equity incentive
$1.48M
Other
$77K
Fiscal year
FY2025

The businesses

How Kohl’s Corporation divides the work

5 divisions report into the group CEO. Tile size scales with estimated headcount.

Stores

45K employees

Senior EVP, Director of Stores (Fred Hand)

Operates Kohl’s national store fleet and in-store labor model.

Merchandising

4K employees

Chief Merchandising Officer (Nick Jones)

Owns product assortment, sourcing, private brands, and pricing.

Marketing

2K employees

Chief Marketing Officer (Christie Raymond)

Leads brand, loyalty, promotions, and customer engagement.

Finance

1K employees

Chief Financial Officer (Jill Timm)

Manages financial planning, reporting, treasury, and controls.

Legal & Governance

300 employees

Chief Legal Officer (Jennifer Kent)

Oversees legal, compliance, and corporate governance.

The thesis

Why this org is unusual

Interim CEO Michael J.

Bender was elevated to permanent CEO without adding a COO layer, an uncommon choice for a national retailer undergoing turnaround. The org remains functionally organized, with merchandising, stores, finance, marketing, and legal reporting directly to the CEO. This creates a relatively wide CEO span while preserving clear functional accountability.

The absence of a COO places operational execution directly under the CEO via the Director of Stores and Chief Merchandising Officer. Given the company’s scale (~60,000 employees), this structure emphasizes hands-on executive oversight during transformation rather than delegation to an operational integrator.

  • No COO role
  • CEO directly oversees Stores and Merchandising

The comparison

How Kohl’s Corporation stacks up

Compared with peers like Target and Walmart, Kohl’s has a leaner top structure and no dedicated COO role. Target and Walmart both use layered operating models with COOs or divisional presidents to absorb execution complexity. Kohl’s narrower C-suite reflects its smaller scale but increases reliance on the CEO for …

C-suite size

Kohl’s Corporation
6
Macy’s
8

Reporting depth

Kohl’s Corporation
3 levels
5 levels
6 levels
Macy’s
5 levels

Avg C-suite tenure

Kohl’s Corporation
4 yr
5 yr
Macy’s
4 yr

Has COO / Has CAIO

Kohl’s Corporation — no COO — no CAIO
Target ✓ COO — no CAIO
Walmart ✓ COO — no CAIO
Macy’s — no COO — no CAIO
TJX Companies — no COO — no CAIO

Current signals

What changed recently

Kohl’s elevated Michael Bender from interim to permanent CEO and announced the retirement of its head of Stores.

  • departed
    Fred Hand Senior EVP, Director of Stores

    Announced retirement effective April 3, 2026.

    Source
  • new
    Michael J. Bender Chief Executive Officer

    Appointed permanent CEO on November 23, 2025 after interim service.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-10
CEO
Michael J. Bender
CEO span
5
C-suite
5
Avg tenure
3.8 yr

Transition year with interim CEO elevated permanently.

Named executive officers (5)
  • Michael J. Bender - Chief Executive Officer since 2025
  • Jill Timm - Chief Financial Officer since 2019
  • Fred Hand - Senior EVP, Director of Stores since 2023
  • Nick Jones - Chief Merchandising Officer since 2023
  • Christie Raymond - Chief Marketing Officer since 2022
FY2024
DEF 14A filed 2025-04-05
CEO
Ashley Buchanan
CEO span
5
C-suite
5
Avg tenure
3.5 yr

CEO tenure instability amid turnaround pressure.

Named executive officers (5)
  • Ashley Buchanan - Chief Executive Officer since 2024
  • Jill Timm - Chief Financial Officer since 2019
  • Nick Jones - Chief Merchandising Officer since 2023
  • Christie Raymond - Chief Marketing Officer since 2022
  • Fred Hand - Senior EVP, Director of Stores since 2023
FY2023
DEF 14A filed 2024-04-05
CEO
Ashley Buchanan
CEO span
5
C-suite
5
Avg tenure
3.2 yr

Functional structure maintained despite performance challenges.

Named executive officers (5)
  • Ashley Buchanan - Chief Executive Officer since 2024
  • Jill Timm - Chief Financial Officer since 2019
  • Nick Jones - Chief Merchandising Officer since 2023
  • Christie Raymond - Chief Marketing Officer since 2022
  • Fred Hand - Senior EVP, Director of Stores since 2023

Year-over-year changes

FY2024 → FY2025

Leadership stabilized with appointment of a permanent CEO following turnover.

  • CEO span: 5 → 5
  • C-suite size: 5 → 5
  • Avg tenure: 3.5 → 3.8 yr
  • new Michael J. Bender - Chief Executive Officer (was Interim CEO) (DEF 14A, Apr 2026)
  • departed Ashley Buchanan - Chief Executive Officer (DEF 14A, Apr 2026)

The board

Board of directors

8 directors. 7 of 8 independent (88%). Source: most recent DEF 14A.

Michael J. Bender

Inside

CEO, Kohl’s Corporation

Director since 2019

John E. Schlifske

Chair Independent

Former CEO, Northwestern Mutual

Director since 2017

Wendy Arlin

Independent

Former CFO, Bath & Body Works

Director since 2022

Yael Cosset

Independent

Senior VP & CIO, Kroger

Director since 2023

H. Charles Floyd

Independent

Private Investor

Director since 2020

Robbin Mitchell

Independent

Former EVP, Walgreens

Director since 2021

Jonas Prising

Lead Indep. Independent

CEO, ManpowerGroup

Director since 2018

Adolfo Villagomez

Independent

Retail Executive

Director since 2023

Frequently Asked Questions

Who is the CEO of Kohl’s?

Michael J. Bender has served as CEO since November 23, 2025, after a period as interim CEO.

What type of organizational structure does Kohl’s use?

Kohl’s operates a functional structure with major functions reporting directly to the CEO.

How many direct reports does Kohl’s CEO have?

The CEO has five direct reports across finance, merchandising, marketing, stores, and legal.

How has Kohl’s leadership changed recently?

The board appointed Michael Bender as permanent CEO in late 2025 and announced the 2026 retirement of the head of Stores.

Does Kohl’s have a COO?

No. Kohl’s does not currently have a Chief Operating Officer; store operations report directly to the CEO.

Sources

  • 8-K Filing, Jan 2026
  • 8-K Filing, Nov 2025
  • SEC EDGAR: Kohl’s Corporation DEF 14A Proxy Statement
  • SEC EDGAR: Kohl’s Corporation 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Kohl’s Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/kohls/
MLA 9th
"Kohl’s Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/kohls/. Accessed .
Chicago 17
Creately. "Kohl’s Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/kohls/.
Original SEC source View on SEC ↗
Kohl’s Corporation. DEF 14A. Filed 2026-04-10. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/885639/000110465926041769/kss-20260520xdef14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/kohls/ · last updated 2026-04-01

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