×
48
Fashion Jobs
FOREO
SEA Business Development Manager
Permanent · Singapore
SHISEIDO
Travel Retail - Marketing Executive, Anessa & Elixir
Permanent · Singapore
SHISEIDO
Travel Retail - Marketing Manager, The Ginza Brand & Ipsa
Permanent · Singapore
AESOP
Retail Consultant
Permanent · Singapore
LEVI'S
Regional Learning And Development Manager
Permanent · Singapore
SHISEIDO
Singapore - Demand & Supply Planning Manager
Permanent · Singapore
SHISEIDO
Travel Retail - Digital Marketing Manager, Prestige & Cosmetics
Permanent · Singapore
SHISEIDO
Asia Pacific - Consumer Market Intelligence Manager
Permanent · Singapore
SHISEIDO
Asia Pacific - Regional Marketing Manager, Clé de Peau Beauté
Permanent · Singapore
FOREO
SEA Business Development Specialist
Permanent · Singapore
SHISEIDO
Travel Retail - Area Sales Manager, Korea
Permanent · Singapore
SHISEIDO
Asia - Regional Marketing Executive, Acpc
Permanent · Singapore
SHISEIDO
Travel Retail - Marketing Manager, Clé de Peau Beauté
Permanent · Singapore
SHISEIDO
Travel Retail - Brand Manager, Nars
Permanent · Singapore
SHISEIDO
Travel Retail - Retail Design Assistant Manager
Permanent · Singapore
SHISEIDO
Travel Retail - IT & Security Manager
Permanent · Singapore
SHISEIDO
Asia Pacific - Regional Retail Design Executive
Permanent · Singapore
SHISEIDO
Travel Retail - Retail Manager, SEA, Prestige
Permanent · Singapore
FOREO
Beauty Advisor (Part-Time)
Permanent · Singapore
FOREO
Open Application - South East Asia
Permanent · Singapore
SHISEIDO
Travel Retail - Store Design & Project Executive, SEA & Oceania
Permanent · Singapore
SHISEIDO
Travel Retail - Marketing Assistant Manager, Anessa & Elixir
Permanent · Singapore
Published
May 12, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Kohl’s shareholders re-elect all directors

Published
May 12, 2022

Kohl’s Corporation announced on Wednesday that Kohl’s shareholders voted to re-elect all thirteen of its director nominees, at the company’s 2022 annual meeting of shareholders.

Kohl’s shareholders re-elect all directors. - Facebook: Kohl’s


According to preliminary results, director nominees – Michael J. Bender, Peter Boneparth, Yael Cosset, Christine Day, Chuck Floyd, Michelle Gass, Margaret Jenkins, Thomas Kingsbury, Robbin Mitchell, Jonas O. Prising, John E. Schlifske, Adrianne T. Shapira, and Stephanie Streeter – will remain on the company’s board of directors.

The move comes as Kohl's has faced increasing pressure from activist hedge fund Macellum Advisors, who put up its own slate of board nominees. Macellum nominated 10 directors, including its chief executive officer, Jonathan Duskin.

The investor, who owns around 5.5% of Kohl’s stock, has pressured Kohl’s to improve performance or consider a sale of the company, since January. 

“While we have had differences with Macellum, this board is committed to serving the interests of all our shareholders,” said Peter Boneparth, chairman of the board.

“The board remains focused on running a robust and intentional review of strategic alternatives while executing our strategy to drive shareholder value. We appreciate the feedback we have received from our shareholders over the past several months and look forward to engaging with them further.”

In addition to the re-election of directors, Kohl’s shareholders also ratified the appointment of Ernst & Young as the company’s independent registered public accounting firm for fiscal year 2022. 

Moreover, it approved an advisory resolution on the compensation of the company’s named executive officers reported in the company’s 2022 proxy statement.

Last month, Simon Property Group and Brookfield Asset Management reportedly made a bid for Kohl’s. Others who are said to have bid for Kohl’s include the Hudson’s Bay Co., Sycamore Partners, Leonard Green & Partners, as well as Starboard Value’s Acacia Research Corp. The company has said it is reviewing offers.

Copyright © 2022 FashionNetwork.com All rights reserved.