BJ's Wholesale Club Holdings, Inc. announced that Tom Kingsbury has resigned from its Board of Directors (“Board”) effective February 7, 2023. The announcement comes as Mr. Kingsbury re-assesses his board commitments in light of his recent appointment as Chief Executive Officer of Kohl's Corporation (“Kohl's”). Mr. Kingsbury joined the Company's Board in February 2020 and was also a member of the Compensation Committee.

The Board intends to identify a new director in due course, in addition to the position recently vacated by Judy Werthauser. The Board regularly evaluates its own makeup, striving for a proper combination of skillsets and diversity of experience and thought to successfully govern the Company's execution of its strategic priorities.