Kohl's finalizes CEO Kingsbury contract with $1.475M base salary and 175% target bonus

KOHLS Corp

Base salary $1.475M; target annual bonus 175% of base salary; $160K relocation lump sum.
Initial term 2 years, renewable by mutual agreement; may transition to Advisor if new CEO appointed.
2024 equity grants: time-vesting awards vest on earlier of 1-year anniversary or end of initial term.
Severance on death/disability: 6 months base salary; for good reason: base salary for greater of remainder of term or 1 year.

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