Kohl's (KSS) Responds to Director Nominations from Macellum Advisors

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Kohl’s Responds to Director Nominations from Macellum Advisors; Company Reaffirms Commitment to Maximize Value for All Shareholders

February 10, 2022 10:56 AM EST

Unified and refreshed board includes three independent directors that joined as part of settlement with Macellum and other shareholders in April 2021; six new independent directors in three years

Board is committed to evaluating and pursuing any value-enhancing opportunities; Finance Committee designated to lead the ongoing review of any expressions of interest

Board and management remain focused on executing strategy to drive sustained shareholder value

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation (NYSE: KSS) (Kohls or the Company) today issued the following... More