Kohl's Corp Reports Director Changes and Executive Compensation Details
Ticker: KSS · Form: 8-K · Filed: May 15, 2024 · CIK: 885639
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: KSS
TL;DR
Kohl's board shake-up: Kandell out, Smith & Jones in. Executive pay details also filed.
AI Summary
On May 15, 2024, Kohl's Corporation filed an 8-K report detailing several key events. The company announced the departure of director Steven A. Kandell and the election of new directors, including Elizabeth A. Smith and John E. (Jack) Jones. Additionally, the filing disclosed compensatory arrangements for certain officers and submitted matters to a vote of security holders.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Director changes and executive compensation disclosures can indicate internal shifts or strategic adjustments that may carry inherent business risks.
Key Players & Entities
- Kohl's Corporation (company) — Registrant
- Steven A. Kandell (person) — Departing Director
- Elizabeth A. Smith (person) — Newly Elected Director
- John E. (Jack) Jones (person) — Newly Elected Director
- May 15, 2024 (date) — Report Date
FAQ
Who has departed from Kohl's Board of Directors?
Steven A. Kandell has departed from Kohl's Board of Directors as of the May 15, 2024 filing.
Who were elected as new directors to Kohl's Board?
Elizabeth A. Smith and John E. (Jack) Jones were elected as new directors to Kohl's Board.
What other items are covered in this 8-K filing?
The filing also covers compensatory arrangements of certain officers and submission of matters to a vote of security holders.
What is Kohl's Corporation's state of incorporation?
Kohl's Corporation is incorporated in Wisconsin.
What is the principal business address of Kohl's Corporation?
The principal business address of Kohl's Corporation is N56 W17000 Ridgewood Drive, Menomonee Falls, Wisconsin 53051.
Filing Stats: 1,003 words · 4 min read · ~3 pages · Grade level 13.1 · Accepted 2024-05-15 16:34:05
Key Financial Figures
- $0.50 — y declared a quarterly cash dividend of $0.50 per share. The dividend will be paid on
Filing Documents
- d818472d8k.htm (8-K) — 54KB
- d818472dex991.htm (EX-99.1) — 6KB
- d818472dex992.htm (EX-99.2) — 2KB
- g818472g07r71.jpg (GRAPHIC) — 3KB
- 0001193125-24-139419.txt ( ) — 189KB
- kss-20240515.xsd (EX-101.SCH) — 3KB
- kss-20240515_lab.xml (EX-101.LAB) — 17KB
- kss-20240515_pre.xml (EX-101.PRE) — 11KB
- d818472d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. 10.1 Kohl's Corporation 2024 Long-Term Compensation Plan, incorporated by reference to Annex A to the Proxy Statement on Schedule 14A filed on April 5, 2024 99.1 Press Release regarding Annual Meeting dated May 15, 2024 99.2 Press Release regarding Dividend dated May 15, 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: May 15, 2024 KOHL'S CORPORATION By: /s/ Jennifer Kent Jennifer Kent Senior Executive Vice President, Chief Legal Officer and Corporate Secretary