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Activist investor continues push for Kohl’s board shake-up

Por: Orlando Sentinel Business October 13, 2022

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An activist investor that has been pressing Kohl’s for a new strategy to turn around struggling operations is again attempting to shake up the department store’s board. Macellum Advisors GP, LLC, which controls nearly 5% of the outstanding common shares of Kohl’s Corp., wants some long-term directors ousted, including Chairman Peter Boneparth. Macellum said Boneparth is part of a “shadow board.” “The Shadow Board is failing to... + full article



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