An Investor Group, which owns about 9.5% of Kohl's corp. (KSS) outstanding common stock, said that it has filed revised preliminary proxy materials announcing its slate of five directors to run in opposition to five of the company's long tenured directors who the Investor Group believes do not have the relevant retail and governance skills to create shareholder value.
The Investor Group believes board refreshment is essential to driving increased value creation for all Kohl's shareholders.
The Investor Group's slate of nominees now consists of Jonathan Duskin, Margaret Jenkins, Jeffrey Kantor, Thomas Kingsbury and Cynthia Murray.
The Investor Group consist of Macellum Advisors GP LLC, Ancora Holdings Inc., Legion Partners Asset Management LLC, and 4010 Capital, LLC.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.