Kohl's CFO Bruce Besanko to step down on November 1, Jill Timm to succeed
Kohl's announced that Bruce Besanko has decided to retire from Kohl's at the end of the fiscal year and will step down from his position as CFO, effective November 1. At that time, Jill Timm, Kohl's Executive Vice President of Finance, will be promoted to CFO. Besanko will remain in a Senior Advisor role until he departs the company to assist with the CFO transition and provide support for current company initiatives. In the CFO role, Timm will oversee Kohl's financial planning and analysis, investor relations, financial reporting, accounting operations, tax and treasury. She will report directly to the CEO. Timm joined Kohl's in 1999, holding progressive leadership positions across several areas of finance, most recently as Executive Vice President of Finance. She has more than 25 years of finance experience in financial planning, analysis, accounting, capital planning, investor relations, treasury and tax.