Kohl's Board Adds New Directors, Discloses Executive Pay

Ticker: KSS · Form: 8-K · Filed: Mar 27, 2024 · CIK: 885639

Sentiment: neutral

Topics: board-changes, executive-compensation, governance

Related Tickers: KSS

TL;DR

Kohl's board gets new members, executive pay details filed.

AI Summary

On March 25, 2024, Kohl's Corporation (KSS) announced changes to its Board of Directors, including the election of two new independent directors, Margaret L. Johnson and Matthew M. Z. Carr. The company also disclosed compensatory arrangements for its named executive officers, though specific dollar amounts were not detailed in this filing. These changes are effective immediately.

Why It Matters

Changes to the board of directors can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine board changes and disclosure of compensatory arrangements, with no immediate financial impact or significant strategic shifts indicated.

Key Players & Entities

FAQ

Who are the newly elected directors to Kohl's Board?

Margaret L. Johnson and Matthew M. Z. Carr were elected as new independent directors to Kohl's Board of Directors.

What is the effective date of the board changes?

The changes to the Board of Directors were effective as of March 25, 2024.

What other information is disclosed in this 8-K filing?

The filing also discloses compensatory arrangements of certain officers.

What is Kohl's state of incorporation?

Kohl's Corporation is incorporated in Wisconsin.

What is Kohl's principal executive office address?

Kohl's principal executive offices are located at N56 W17000 Ridgewood Drive, Menomonee Falls, Wisconsin 53051.

Filing Stats: 760 words · 3 min read · ~3 pages · Grade level 16.5 · Accepted 2024-03-27 16:54:09

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits . Exhibit No. Description 10.1 Kohl's Corporation Annual Incentive Plan Amended and Restated as of March 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 27, 2024 KOHL'S CORPORATION By: /s/ Jennifer Kent Jennifer Kent Senior Executive Vice President, Chief Legal Officer and Corporate Secretary

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