Arts and crafts retailer Michaels has announced that Walmart executive Ashley Buchanan will be taking over as CEO from Mark Cosby, and shares jumped 15 percent after the news, according to a report by CNBC. Buchanan is going to start as CEO on Jan. 6,...
November 25, 2024
Kohl’s has appointed Michaels Companies CEO Ashley Buchanan to succeed its current CEO Tom Kingsbury when Kingsbury steps down on Jan. 15. Kingsbury will retain an executive advisory role and board seat through his retirement in May, the retailer said in a Monday (Nov. 25) press release. Buchanan is a retail veteran who has been […]
December 27, 2019
Arts and crafts retailer Michaels has announced that Walmart executive Ashley Buchanan will be taking over as CEO from Mark Cosby, and shares jumped 15 percent after the news, according...
