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The board interviewed several candidates before opting to appoint Bender, according to the report.
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Reuters could not immediately verify the report. Kohl’s did not immediately respond to a Reuters request for comment. Michael Bender could not be immediately reached for a comment on the role change.
Buchanan’s firing in May was the third CEO change in three years for Kohl’s, hit by falling sales from online and big-box rivals, plus its own missteps.
Kohl’s named Bender as its interim CEO effective immediately following the ouster of Buchanan, and said that the search for a permanent chief executive would begin soon.
Reporting by Bipasha Dey in Bengaluru
Our Standards: The Thomson Reuters Trust Principles.
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