Kohl’s announced senior management changes
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Kohl's has also commenced an external search for a Chief Operating Officer (COO), a newly created principal officer position. The COO will have direct responsibility for the company's store operations, logistics and supply chain network, information and digital technology, e-commerce strategy and operations, and store construction and design. In the interim, these functions are all being overseen by Mansell. Along with Gass, the COO is expected to be a potential candidate to succeed Mansell upon his eventual retirement.
"Kohl’s had previously announced an external search for a new chief merchandising officer. However, during the course of this search, it became apparent that Michelle's passion for merchandising and new brand acquisition made her the perfect leader for our product and merchandising functions," said Kevin Mansell, adding, “The close connection between our merchandising and customer engagement strategies has been a key driver in the progress we have made in the early stages of our three-year plan with the goal of becoming the most engaging retailer in America.”
Kohl's also announced that Wesley McDonald and Richard Schepp have been promoted to principal officer positions. McDonald will assume the newly created principal officer position of Chief Financial Officer. He previously served as senior executive vice president, chief financial officer. In this new capacity, McDonald will continue to report to Mansell, overseeing Kohl’s financial planning and analysis, investor relations, financial reporting, accounting operations, tax, treasury, non-merchandise purchasing, credit, and capital investment strategies.
Richard Schepp will assume the newly created principal officer position of Chief Administrative Officer. He previously served as senior executive vice president, human resources, general counsel, and secretary. In this new capacity, Schepp will continue to report to Mansell, overseeing Kohl's human resources, legal, risk management and compliance, real estate, and business development functions.