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Activist investor Macellum urges Kohl’s to replace chairman, other board members
Business

Activist investor Macellum urges Kohl’s to replace chairman, other board members

ByCitiGist October 13, 2022

An activist investor that has long targeted Kohl’s Corp. KSS, -2.26%   is ratcheting up the pressure, calling on the department-store chain to make changes to its board or face another proxy fight. Macellum Advisors GP LLC, which has a roughly 5% stake in Kohl’s, is urging the company to replace three or more long-tenured directors, including its…

Read More Activist investor Macellum urges Kohl’s to replace chairman, other board membersContinue

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