John Schlifske, the former chairman of Milwaukee-based financial services company Northwestern Mutual, has been named the chairman of the board for Menomonee Falls-based retailer Kohl’s.
Schlifske has been a member of the Kohl’s board since 2011.
Schlifske replaces previous Kohl’s board chair Michael Bender, who was recently named interim CEO after the firing of Ashley Buchanan.
On Wednesday, the Kohl’s board formed a search committee to oversee the search for a new CEO.
Earlier this week Christine Day, the former CEO of Lululemon, informed Kohl’s that she will resign from the board. Day has been a member of the Kohl’s board since 2021. The board has withdrawn her nomination for reelection at the company’s annual shareholders meeting next week.
The board also reduced its membership from 11 to 10.
More articles about Kohl’s:
- Kohl’s fires CEO over conflict of interest, appoints interim leader
- Kohl’s chief technology and digital officer departs company
- Here’s how Kohl’s new CEO plans to execute a long-term turnaround
- Kohl’s saw sales, earnings fall in 2024
- Kohl’s cuts 10% of its corporate positions
