On August 31, 2009
Mansell Replaces Montgomery as Chairman with Kohl’s Confronting Next Phase
Kohl’s is facing a new future with a new chairman as Larry Montgomery retires and Kevin Mansell takes over the chairman of the board slot. Montgomery, who is only three years older than Mansell, led the company’s rapid rise to national prominence. And while Kohl’s still has room to grow, it’s also a maturing retailer. Mansell has been given the freedom to deal with taking what had been a new idea and keeping it compelling. As was the case with Bob Ulrich at Target and Jeff Noddle at Supervalu, Kohl’s is getting a new top kick at a time when things are changing rapidly at retail, when national chains have become dominant forces rather than fresh ideas and when the…
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