Kohl’s chief people officer Marc Chini will retire from his post later this year.
Chini, who has led human resources at the Menomonee Falls-based retailer since 2018, has agreed to transition out of his role in April and will stay on as as a senior advisor until he officially retires in November, according to Kohl’s annual proxy statement.
As part of the agreement, Chini will receive a pro-rata bonus for the remainder of his time as chief people officer. In 2022, the executive made a base salary of $772,500 and a total compensation of $2.2 million, according to the proxy statement.
Prior to Kohl’s, Chini served five years as executive vice president of human resources at Synchrony Financial and nearly 30 years as VP of human resources at GE.
News of Chini’s impending retirement follows a string of executive leadership shifts at Kohl’s, including most notably, the appointment of Tom Kingsbury as CEO, following the departure of Michelle Gass. The company also recently named Dave Alves as its new president and chief operating officer and Nick Jones as chief merchandising and digital officer.
