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Kohl's (KSS) and Investor Group Reach Agreement on Directors

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Kohl’s and Investor Group Reach Agreement

April 14, 2021 9:10 AM EDT

Margaret Jenkins, Thomas Kingsbury and Former lululemon athletica CEO Christine Day to join Kohls Board as independent directors New directors bring strong retail, apparel and leadership expertise to support transformational strategy and continued momentum Board expands existing share repurchase authorization to $2 billion

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation (NYSE: KSS) (Kohls or the Company) today announced that it has entered into a settlement agreement with Macellum Advisors GP, LLC, Ancora Holdings, Inc., Legion Partners Asset Management, LLC, and 4010 Capital, LLC (collectively, the... More