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

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

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

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

By Svea Herbst-Bayliss

(Reuters) -Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl's Corp, is now pushing for the removal of the U.S. retailer's chief executive and board chairman, according to a letter sent to the company on Thursday.

The move marks the beginning of a new round of shareholder unrest for Kohl's after the company explored a sale and decided in July to remain independent, leading to a plunge in its shares and disappointing investors who had pushed for a deal.

Ancora, which holds a 2.5% stake... More

Hedge Fund Ancora Seeks Ouster of Kohl's (KSS) CEO, Chairman - Reuters

Hedge Fund Ancora Seeks Ouster of Kohl's (NYSE: KSS) CEO, Chairman - Reuters