"We are pleased to welcome Wendy to the Board," said board chair Peter Boneparth. "Her deep financial, accounting and industry experience adds to the existing strength of the Board. Arlin is an excellent addition to our board as we continue to focus on supporting the company's strategic growth plan and delivering shareholder value."
Arlin's appointment is part of the ongoing board refreshment process at Kohl's, which continues to bring in relevant, experienced leaders, the company said in a press release.
Arlin has been appointed to a term expiring at Kohl's 2024 annual shareholders meeting and will stand for election by Kohl's shareholders at that time. She will serve on the board's audit committee. With Arlin's appointment, the board has now been expanded to consist of 13 directors, 12 of whom are independent.
"As a retail veteran, I'm excited to join Kohl's board of directors. This is a brand and business that I deeply respect and I'm eager to serve the company and our shareholders during this dynamic time in the retail industry," said Arlin. "I appreciate the warm welcome from the board and I look forward to working with the directors and the Kohl's leadership team in the years ahead."
Fibre2Fashion News Desk (RR)