09-05-2025
Kohl's Says Director Departed Board Because of Disagreements
Kohl's Corp. said on Friday the recent departure of a board director was related to a disagreement with the company — an abrupt change in stance from a day earlier and the latest sign of turmoil at the beleaguered retailer.
In a filing Friday, Kohl's said the resignation of Christine Day, a former chief executive officer for Lululemon Athletica Inc., from its board was due to disagreements over how the company responded to recommendations from a shareholder advisory firm on executive pay and board procedures. A day earlier, Kohl's had said that Day's departure wasn't due to any disagreements related to company operations, policies or practices.
