September 21, 2023

Former Kohl’s CEO sells Oconomowoc Lake residence for $6.2 million

Picture from Redfin

Final up to date on June eighth, 2023 at 11:59 am

Michelle Gass
Michelle Gass

Michelle Gass, who in December stepped down from her position as chief govt officer of Menomonee Falls-based retailer Kohl’s Corp. to turn into president of San Francisco-based Levi Strauss & Co., and her husband Scott have bought their residence on Oconomowoc Lake for about $6.2 million, in accordance with state data.

Scott and Michelle Gass purchased the house in 2013 for $3.4 million, when Michelle Gass was named chief buyer officer of Kohl’s, after beforehand working as an govt for Starbucks Corp. She turned the CEO of Kohl’s in 2018. Gass had a base wage of $1.47 million at Kohl’s in 2021 and whole compensation of $12.9 million, in accordance with the corporate’s securities filings.

The Oconomowoc Lake residence was in-built 2005. It has 9,211 sq. toes of house, 6 bedrooms, 6 full loos and three partial loos, in accordance with Redfin. The one-acre property has 200 toes of lake frontage. The property has an assessed worth of $3.2 million, in accordance with Waukesha County data.

The house was bought to the Nancy L. Stemper Dwelling Belief. Stemper’s husband, Invoice Stemper, is the president of Comcast Enterprise, a subsidiary of Philadelphia-based Comcast. They’re each alumni of Marquette College.

Invoice and Nancy Stemper

Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and actual property reporter for 11 years. A College of Wisconsin-Madison graduate, he’s a lifelong resident of the state. He lives in Muskego along with his spouse, Seng, their son, Zach, and their canine, Hokey. He’s an avid sports activities fan and is a member of the Muskego Athletic Affiliation board of administrators.