Kohl's names Tom Kingsbury permanent CEO; enters cooperation with Macellum activist

KOHLS Corp

Tom Kingsbury appointed permanent CEO effective Feb 2, 2023; previously interim CEO since Dec 2, 2022.
Kingsbury is a board member since 2021, former Burlington Stores CEO (2008-2019).
Company entered cooperation agreement with Macellum Group ( >4% holder) with standstill and voting provisions.
Standstill period ends 18 months after Kingsbury ceases to be CEO; mutual non-disparagement applies.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Thomas Kingsbury

Chief Executive Officer

KSS · KOHLS Corp

Effective: 2023-02-02
Filed: February 2, 2023, 6:59 PM ET

On February 2, 2023, the Board of Directors (the “Board”) of the Company appointed Thomas Kingsbury as Chief Executive Officer (“CEO”) of the Company, effective as of February 2, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Thomas Kingsbury was appointed as Chief Executive Officer at KOHLS Corp.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On February 2, 2023, the Board of Directors (the “Board”) of the Company appointed Thomas Kingsbury as Chief Executive Officer (“CEO”) of the Company, effective as of February 2, 2023.

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KOHLS Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-022788

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