10-14-22 activist investor continues to push for kohl’s board shake-up
NEW YORK (AP) — An activist investor that has been pressing department chain Kohl’s to make changes to turn around its business is now upping the ante.Macellum Advisors GP, LLC, which has nearly 5% of the outstanding common shares of Kohl’s, is pushing the company to oust some of its long-term directors including its chairman Peter Boneparth, which it says represents a “shadow board.” The latest efforts come as Kohl’s […]