Hedge fund Ancora seeks ouster of Kohl's CEO, chairman

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Kohl's (KSS) Ancora Eyes Thomas Kingsbury As Next Kohl's (KSS) CEO: Axios - Bloomberg

September 22, 2022 4:29 PM EDT

Ancora Eyes Thomas Kingsbury As Next Kohl's (NYSE: KSS) CEO: Axios - Bloomberg

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Ancora Sends Letter to the Board of Directors of Kohl’s (KSS) Regarding the Need for a New Chairman and Chief Executive Officer

September 22, 2022 8:01 AM EDT

Ancora Holdings Group, LLC today announced that it has sent the below letter to the Board of Directors of Kohls Corporation (NYSE: KSS).

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September 22, 2022

Kohls Corporation
N56 W17000 Ridgewood Drive
Menomonee Falls, WI 53051
Attn: The Board of Directors

Members of the Board of Directors,

Ancora Holdings Group, LLC (together with its affiliates, Ancora or we) is a long-term shareholder of Kohls Corporation (Kohls or the Company), with a beneficial ownership position of approximately 2.5% of the Companys outstanding shares. Since collaborating with you on... More