Kohlís names Besanko as chief financial officer

By Katherine Michalets - Freeman Staff

June 27, 2017


 Bruce H. Besanko
Photo submitted

MENOMONEE FALLS ó Kohlís announced Tuesday it has appointed Bruce H. Besanko to the position of chief financial officer, which he will assume July 10.

Besanko will report directly to Kevin Mansell, Kohlís chairman, chief executive officer and president. In his role as CFO, Besanko will have leadership responsibility overseeing Kohlís financial planning and analysis, investor relations, financial reporting, accounting operations, tax, treasury, non-merchandise purchasing, credit and capital investment strategies. 

ďWeíre excited to have Bruce join our team and believe that his breadth of experience will be of great value to Kohlís as we continue to build our path forward,Ē Mansell said in a statement ďAs an instrumental leader at several large companies, Bruce has great insights on how to help organizations move with the speed and agility the business requires, while maintaining a financial framework of operational excellence.Ē

Besanko has more than 21 years of financial leadership experience in retail. Most recently, Besanko spent four years with SUPERVALU in financial leadership roles, including chief operating officer and chief financial officer, as well as five years as chief financial officer and chief administrative officer for OfficeMax. In addition to his business experience, Besanko served 26 years in the U.S. Air Force where he rose to the rank of lieutenant colonel. 

ďIím looking forward to joining the Kohlís team,Ē said Besanko. ďI have admired Kohlís business model for years and am enthusiastic about the future the company is creating, really differentiating itself as a bright spot in retail. Kohlís has an excellent reputation in the financial community and I look forward to joining the company.Ē