Supervalu exec joins Kohl's leadership team

Kohl's has ended its search for a new finance chief.



The retailer has appointed Bruce H. Besanko to the position of CFO, effective July 10. He will replace Wesley McDonald, who announced plans in November to retire this spring after 14 years with the company.



On Monday, Besanko resigned as COO and CFO of Supervalu, which he joined in 2013. Prior to Supervalu, he served for five years as CFO and chief administrative officer of OfficeMax (now owned by Office Depot). In addition to his business experience, Besanko served 26 years in the U.S. Air Force, rising to the rank of Lieutenant Colonel.



“We’re excited to have Bruce join our team and believe that his breadth of experience will be of great value to Kohl’s as we continue to build our path forward,” said Kevin Mansell, Kohl’s chairman, CEO and president. “As 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.”