| CEO Name | Tom Kingsbury |
| Nationality | United States |
| Net Worth Estimation | $25 million |
Tom Kingsbury's estimated net worth of around $25 million is primarily attributed to his executive compensation packages, stock awards, and long-standing leadership roles at major retail companies, including his current position as CEO of Kohl's Corporation. His accumulated wealth also reflects bonuses, performance incentives, and equity appreciation from board memberships and previous tenures at companies like Burlington Stores.
Tom Kingsbury, CEO of Kohl's Corporation, has an estimated net worth of $25,000,000, which is 21.4% of the maximum and 2.5 times the minimum estimated CEO net worth for the retail category. His financial standing positions him solidly within the typical range for retail CEOs.
Business Category: Retail
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 80000000 USD
Tom Kingsbury Performance in Kohl’s Corporation
Tom Kingsbury, former CEO of Kohl's Corporation, demonstrated strategic leadership by streamlining operations and focusing on omnichannel retail to enhance customer experience. His decision-making prioritized digital transformation and cost management, driving improved sales and profitability during a competitive retail period. Kingsbury's impact was marked by stabilizing the company's market position and setting a foundation for growth through innovation and operational efficiency.
Latest News
Kohl's Corporation Faces Leadership Change Amid Store Closures
Kohl's announced plans to close 27 underperforming stores and its San Bernardino e-commerce fulfillment center by 2025 while appointing Ashley Buchanan as CEO in January 2025; however, Buchanan was terminated for cause in April 2025 over undisclosed conflicts of interest, with Board Chair Michael Bender stepping in as interim CEO. The company continues efforts to restructure and improve operational efficiency amidst declining sales in a competitive retail environment[12].
Source: http://corporate.kohls.com/news/kohls-announces-select-real-estate-changes