Kohl’s Corporation (NYSE:KSS) today held its annual shareholders
meeting. Following are the preliminary results for the five initiatives
voted upon by shareholders:
Kohl’s shareholders re-elected Peter Boneparth, Steven A. Burd, Dale
E. Jones, Kevin Mansell, John E. Schlifske, Frank V. Sica, Peter M.
Sommerhauser, Stephanie A. Streeter, Nina G. Vaca and Stephen E.
Watson to the board of directors for one-year terms, with an average
vote of more than 97 percent of the votes cast.
A proposal to ratify the appointment of Ernst & Young LLP as Kohl’s
independent registered public accounting firm received more than 96
percent of the votes cast.
A non-binding advisory vote to approve the compensation of Kohl’s
executive officers received more than 97 percent of the votes cast.
A shareholder proposal urging Kohl’s executive pay committee to adopt
a policy requiring senior executives to retain a significant
percentage of shares acquired through equity pay programs until
reaching normal retirement age received less than 20 percent of the
A shareholder proposal to require the board of directors to authorize
an annual report on the estimated costs, benefits and scientific
support for sustainability initiatives received less than 2 percent of
the votes cast.
Kohl’s 10-K, proxy and information about the company’s 2013 financial
performance are available at www.kohlscorporation.com.
Kohl’s (NYSE: KSS) is a leading specialty department store with 1,160
stores in 49 states. With a commitment to inspiring and empowering
families to lead fulfilled lives, the company offers amazing national
and exclusive brands, incredible savings and inspiring shopping
experiences in-store, online at Kohls.com and
via mobile devices. Committed to our communities, Kohl’s has raised more
than $257 million for children’s initiatives nationwide through its
Kohl’s Cares® cause merchandise program, which operates under Kohl's
Cares, LLC, a wholly-owned subsidiary of Kohl's Department Stores,
Inc. For additional information about Kohl’s philanthropic and
environmental initiatives, visit www.Kohls.com/Cares. For
a list of store locations and information, or for the added convenience
of shopping online, visit www.Kohls.com.
Connect with Kohl’s:
Copyright Business Wire 2014