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Kohl's promotes interim CEO and 30-year retail veteran Michael J. Bender to be its permanent chief
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FILE- A woman arrives at a Kohl's store in West Des Moines, Iowa on Feb. 25, 2021. - photo by AP Photo/Charlie Neibergall, File
Kohl's has named its fourth CEO in as many years, attempting to staunch an extended sales slide. The company named Michael Bender as its permanent CEO Monday, nearly seven months after he took over on an interim basis. Bender replaced Ashley Buchanan who was fired in May after an internal investigation found that he had directed the company to do business with a vendor founded by someone with whom he had a personal relationship.