Consumer & Retail
Kohls Executive Compensation (FY25)
KSS · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Michael J. Bender | Median of the other named officers $5,645,593 5 officers, excluding the chief executive | Latest say-on-pay support = May 20, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 30, 2026Latest filing (8-K): May 21, 2026
10 filings cited on this page
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231 figures on this page: 219 cited to the filing that reported them, 12 calculated from figures it prints. See the citations
More on Kohls
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Ashley Buchanan → Michael J. Bender
Say-on-pay support: 55.3% → 94.3% (39.0 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Kohls' chief executive and what were they paid?
Michael J. Bender, Interim Chief Executive Officer, received $9,044,466 in total compensation for fiscal 2025.
What was Kohls' say-on-pay result?
The say-on-pay proposal drew 94.3% of votes cast for or against in favor at the meeting held May 20, 2026 for fiscal 2025.
Which companies are in Kohls' peer group?
Companies named in the disclosed peer group include Best Buy Co., Inc., Burlington Stores, Inc., Dick’s Sporting Goods, Inc., Dollar Tree, Inc. and Foot Locker, Inc., among others.
What is Kohls' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 593:1, against median employee compensation of $15,859.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Kingsbury Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Siobhán Feeney Chief Technology and Digital Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Jill Timm Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Kingsbury Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Dave Alves Former President and Chief Operating Officer Departed during or after this year | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Jill Timm Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Jennifer Kent Senior Executive Vice president, Chief Legal Officer and Secretary | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Nick Jones Chief Merchandising and Digital Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fred Hand Senior Executive Vice President, Director of Stores | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Siobhán Feeney Chief Technology and Digital Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Ashley Buchanan Former Chief Executive Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Thomas Kingsbury Former Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Jill Timm Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Nick Jones Chief Merchandising Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fred Hand Senior Executive Vice President, Director of Stores | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Siobhán Feeney Chief Technology and Digital Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Christie Raymond Chief Marketing Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Ashley Buchanan Former Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Michael J. Bender Interim Chief Executive Officer Served on an interim basis | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Nick Jones Chief Merchandising Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jill Timm Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fred Hand Senior Executive Vice President, Director of Stores | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Christie Raymond Chief Marketing Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Ashley Buchanan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ashley Buchanan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Christie Raymond | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Christie Raymond | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Fred Hand | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Fred Hand | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jill Timm | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jill Timm | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael J. Bender | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Nick Jones | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Nick Jones | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Thomas Kingsbury | RSU | ◇ | = | — | — |
| Ashley Buchanan | PSU | ◇ | ◇ | — | — |
| Jill Timm | RSU | ◇ | = | — | — |
| Nick Jones | RSU | ◇ | = | — | — |
| Fred Hand | RSU | ◇ | = | — | — |
| RSU | ◇ | = | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Thomas A. Kingsbury | — | — | — | — | — | ◇ | ◇ |
John E. Schlifske Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Wendy Arlin | ◇ | ◇ | — | — | — | — | ◇ |
Jonas Prising | ◇ | ◇ | — | — | — | — | ◇ |
Yael Cosset | ◇ | ◇ | — | — | — | — | ◇ |
H. Charles Floyd | ◇ | ◇ | — | — | — | — | ◇ |
Adolfo Villagomez | ◇ | ◇ | — | — | — | — | ◇ |
Robbin Mitchell | ◇ | ◇ | — | — | — | — | ◇ |
Adrianne Shapira | ◇ | — | — | — | — | — | ◇ |
Christine Day | ◇ | — | — | — | — | — | ◇ |
Michael J. Bender served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Restricted Stock or deferred Restricted Stock Units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Best Buy Co., Inc. BBY
- Burlington Stores, Inc. BURL
- Dick’s Sporting Goods, Inc. DKS
- Dollar Tree, Inc. DLTR
- Foot Locker, Inc. FL
- Gap, Inc. GAP
- Macy’s, Inc. M
- Nordstrom, Inc. JWN
- Ross Stores, Inc. ROST
- The TJX Companies, Inc. TJX
- Ulta Beauty, Inc. ULTA
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 20, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 14, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 15, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 10, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 11, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 12, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 13, 2020 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Ashley Buchanan (Former Chief Executive Officer), FY2025 total compensation $9,582,736 (base salary $368,750) [exec_comp, SEC accession 0001104659-26-041769, filed 2026-04-10]What this page does not include
Everything above is a fact Kohls disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Kohls sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
231 figures on this page: 219 cited to the filing that reported them, 12 calculated from figures it prints.
219 cited to the filing
12 calculated from the filing
Documents cited
- 0001193125-26-234927
- 0001104659-26-041769CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation Table · Grants of Plan-Based Awards in 2025 · and 1 more section
- 0001193125-25-119951
- 0001558370-25-004025Outstanding Equity Awards at Fiscal Year-End · Summary Compensation Table
- 0001193125-24-139419
- 0001104659-24-043965Summary Compensation Table
- 0001193125-23-140784
- 0000892712-22-000116
- 0000892712-21-000213
- 0000892712-20-000191
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Kohls executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/KSS (accessed 2026).
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The paid brief for Kohls
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Consumer & Retail rankings
Peers Kohls discloses
The companies named in KSS's own disclosed peer group.
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}