By Reuters Staff
2 Min Read
FILE PHOTO: The sign outside a Kohl s store is seen in Broomfield, Colorado February 27, 2014. REUTERS/Rick Wilking
(Reuters) - A group of activist investors with a combined 9.5% stake in Kohl’s Corp on Thursday reduced the number of directors it plans to nominate to the department store’s board to five from nine.
The group had last month nominated a slate including former executives of Macy’s Inc and Burlington Stores to Kohl’s board, in what it called an effort to add more retail experience to the company’s leadership and improve profitability.
Kohl’s on Thursday said its current directors “outmatch” the group’s slate of nominees in experience and that the activists’ proposals threaten to disrupt the company’s business momentum.
Activist investor group cuts Kohl s director nominees to five from nine marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Nobel Peace Prize winner Malala Yousafzai is expanding her partnership with Apple Inc to produce dramas, children's series, animation and documentaries that will air on the tech giant's streaming service, the two said on Monday.
Malala teams up with Apple to produce new dramas, documentaries netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Nobel Peace Prize winner
Malala Yousafzai is expanding her partnership with Apple Inc
to produce dramas, children s series, animation and
documentaries that will air on the tech giant s. | March 12, 2021