Kohl's (KSS) Hits New 52-Week High as Firm Appoints New CEO

We recently published 10 Stocks Boasting 10-42% Gains. Kohl’s Corporation (NYSE:KSS) is one of the best-performing stocks on Tuesday.

Kohl’s Corporation soared to a new 52-week high on Tuesday as investors cheered the official appointment of Michael Bender as its new chief executive, paving the way for a more concrete turnaround strategy and operational improvements.

At intra-day trading, Kohl’s Corporation (NYSE:KSS) soared to as high as $22.45 before trimming a few cents to end the day just up by 42.16 percent at $22.42 apiece.

In a statement, Kohl’s Corporation (NYSE:KSS) said its board of directors unanimously appointed Bender to officially take over and lead the company, after serving as interim CEO since May 1, 2025.

Bender replaced Ashley Buchanan, who was fired in May after a company investigation found that he had pushed for deals with a vendor and former Walmart executive, Chandra Holt, with whom he had a personal relationship.

Bender previously held leadership positions at retailer companies, including Victoria’s Secret, Walmart, and Eyemart Express. His appointment took effect last Friday, November 23.

“Over the past several months, as interim CEO, Michael has proven to be an exceptional leader for Kohl’s—progressively improving results, driving short and long-term strategy, and positively impacting cultural change,” said Kohl’s Corporation (NYSE:KSS) Board Chairman John Schlifske.

“With three decades of leadership experience across retail and consumer goods companies and a deep commitment to the Kohl’s brand, we are confident Michael will continue to lead the Company forward in a way that will benefit our associates, customers, and shareholders,” he added.

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Disclosure: None. This article is originally published at Insider Monkey.