Kohl’s Corporation declared that Robbin Mitchell has joined its Board of Administrators (the “Board”) as an impartial director. A member of the Style & Luxurious management group at the Boston Consulting Team (“BCG”), Ms. Mitchell brings substantial retail business working working experience and skills in places important to Kohl’s growth technique, together with Women’s clothing, Active and Beauty.
“Robbin’s background and skillset are preferably suited to support Kohl’s continued powerful execution and momentum,” claimed Frank Sica, Kohl’s chairman. “Her management at BCG and govt-stage retail, apparel, supply chain and omnichannel experience position Robbin to make immediate contributions. Robbin’s insights will assistance us develop on our efforts to reignite Women’s, speed up advancement in Lively and Attractiveness, and seize industry share from the retail market disruption.”
Ms. Mitchell‘s appointment is aspect of the continual Board refreshment system at Kohl’s, which delivers directors appointed in the earlier 5 years to 50 percent of the Board, and carries on to greatly enhance its range.
Ms. Mitchell has been appointed to a time period expiring at Kohl’s 2021 yearly shareholders conference and will stand for election by Kohl’s shareholders at that time. She will originally serve on the Board’s Governance and Nominating Committee. With Ms. Mitchell’s appointment, the Board has now been expanded to consist of 12 directors, 11 of whom are impartial.
“Robbin’s appointment, like our other Board alterations in the past a number of a long time, displays each our interior evaluation of the mix of encounter and expertise of our Board and our ongoing dialogue with all of our shareholders as to their perspectives on our Board’s composition,” reported Peter Boneparth, Chairman of the Board’s Nominating and Governance Committee.
“I am thrilled to be part of the Kohl’s Board at these kinds of an enjoyable time for the Enterprise,” stated Ms. Mitchell. “I appear ahead to getting part of such a powerful and assorted Board and functioning with the highly gifted management group to help Kohl’s attain its powerful eyesight for the upcoming.”
About Robbin Mitchell
Robbin Mitchell has been a Partner and Handling Director at the Boston Consulting Group (“BCG”), a international management consulting company, given that June 2016. From 2011 to 2015, she served as Chief Operating Officer of Club Monaco, a subsidiary of Ralph Lauren Corporation, a luxurious and clothing enterprise. Prior to that, Ms. Mitchell held many executive management positions at Ralph Lauren for ten a long time, which includes Senior Vice President, Main of Workers, Senior Vice President World wide Company System Integration and Supply Chain Administration, and Vice President Wholesale Polo Model. Just before becoming a member of Ralph Lauren, Ms. Mitchell held numerous senior executive roles in method and functions at Tommy Hilfiger and GFT Usa, a designer apparel company and distributor. Prior to her marketplace working roles, Ms. Mitchell spent 9 yrs functioning in the consulting and investment decision banking industries specializing in the retail and apparel sectors together with at McKinsey & Co, BCG, and Lehman Brothers.
Cautionary Statement With regards to Ahead-Looking Facts
This push release incorporates “forward-on the lookout statements” in just the this means of the Non-public Securities Litigation Reform Act of 1995. The Company intends ahead-on the lookout terminology these kinds of as “believes,” “expects,” “may,” “will,” “should,” “anticipates,” “plans,” or identical expressions to discover forward-hunting statements. These statements are matter to certain hazards and uncertainties, which could lead to the Company’s precise success to vary materially from those anticipated by the ahead-seeking statements. These dangers and uncertainties include things like, but are not limited to, threats described a lot more fully in Item 1A in the Company’s Yearly Report on Kind 10-K, and in Merchandise 1A of Section II in the Company’s Quarterly Report on Type 10-Q for the quarter ended May well 2, 2020, which are expressly included herein by reference, and other aspects as could periodically be described in the Company’s filings with the SEC. Forward-wanting statements relate to the date originally manufactured, and Kohl’s undertakes no obligation to update them.