Who is kohls ceo

Gass and Chief Financial Officer Jill Timm made no mention of the dissident shareholders during the company's quarterly presentation to analysts Tuesday. The investor group has filed a preliminary proxy with the SEC with its slate of candidates for the board of directors. Together, they control around 9. Kohl's offered the activist investors two seats on the company board during a Feb. It did not appease the group. And that is not something we support. The group sent another letter to shareholders Friday that said the retailer's fourth-quarter sales and guidance for "substantiate the immediate need for change on the board.

This includes a deeper penetration by Kohl's into the apparel, beauty and home categories. We believe this will have a nice halo effect.

It all revolves around the department store's overarching vision to cater to consumers' active and casual lifestyles, amplifying brands that fit into that strategy. A thoughtful, edited and inspiring brand portfolio. Eighty percent of the U.

Our brand portfolio and omnichannel capabilities set us apart. Related story: Walmart U. Joe Keenan is the executive editor of Total Retail. Joe has more than 10 years experience covering the retail industry, and enjoys profiling innovative companies and people in the space. Continue to your page in 15 seconds or skip this ad. Jobs Resource Guide Advertise. Kohl's CEO Michelle Gass was one of many executives who declared that they would temporarily stop taking a salary during the coronavirus pandemic.

At the end of March , the Menomonee Falls-based retail chain announced it would furlough about 85, employees and keep its more than 1, stores in 49 states closed. The company said Gass would not take a salary during this time. Kohl's will hold its annual meeting next month where it will face pressure from activist investors who are trying to take seats on the company's board of directors.

The investors issued a new letter to shareholders this week about what the group called "egregious executive compensation," focusing on Gass' pay. Our leadership team continues to move the company forward on the path to greatness.

Gass has recently set a bold new vision for Kohl's—to be the most trusted retailer of choice for the active and casual lifestyle. As a champion of driving continuous reinvention for the future, Gass has forged new innovative partnerships with iconic powerful companies, such as Amazon and Sephora, to anticipate the needs of families for today and for tomorrow. Gass has more than 30 years of experience in the retail and consumer goods industries. Follow Michelle Gass on LinkedIn.

Michelle A. Banks has more than 25 years of experience in the retail industry.