Activist investor calls on Kohl's board to oust chairman and CEO

Activist investor calls on Kohl’s board to oust chairman and CEO

Find out what clicks on FoxBusiness.com An activist investor wants Kohl’s to remove longtime chairman Peter Boneparth and veteran chief executive Michelle Gass. In a letter sent to the department store chain’s board on Thursday, Ancora Holdings says Boneparth and Gass have failed to reverse Kohl’s “sustained underperformance” and unlock shareholder value. “The combination of …

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