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Kohl's, activist investors compromise on 3 board members
4/15/2021

Kohl's will expand its board by three new members as part of an agreement with a group of activist investors that together own a 9.3% stake in the retailer. Two of the new members, Margaret Jenkins and Thomas Kingsbury, were chosen by the investors, and the third, former Lululemon CEO Christine Day, was selected by Kohl's.

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