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Activist shareholder calls for removal of Kohl’s chairman and CEO

Ancora Holdings Group, a long-term shareholder of Kohl’s Corporation, has sent a letter to the department store group calling for its chairman, Peter Boneparth, and its CEO, Michelle Gass, to be removed. The letter, addressed to the company’s board of directors, comes as a response to Kohl’s continued “underperformance” throughout 2021, during...

Sep 23, 2022