Kohl's Corp. (KSS) CFO Wesley McDonald to Retire n Late Spring 2017

November 10, 2016 9:00 AM EST

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Kohl’s Department Stores (NYSE: KSS) announced late Wednesday that its chief financial officer, Wesley S. McDonald, intends to retire in late Spring 2017 after 14 years of service with the company.

“Wes has played an important role in the company’s growth and development over the last 14 years. His business knowledge and financial expertise have been critical in our success and his communication with the investment community has always been transparent and consistent,” said Kevin Mansell, Kohl’s chairman, chief executive officer and president. “On behalf of the entire executive leadership team, I thank Wes for his significant contributions, and I look forward to his continued contribution during this transition. He will be missed on his departure, and we wish him the very best in his retirement.”

“I am honored to have had the opportunity to serve as Kohl’s CFO,” said McDonald. “I am proud of all that our team has accomplished together and am confident that Kohl’s is well positioned for continued success, creating value for all stakeholders.”

Kohl’s will be conducting a comprehensive search for the CFO position over the next few months to prepare for McDonald’s retirement.

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