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8-K - FORM 8-K - KOHLS Corp | kss8k.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Kohls Corporation Holds Annual Shareholders Meeting
Company announces preliminary results of six initiatives up for shareholder vote
MENOMONEE FALLS, Wis., May 10, 2017 Kohls Corporation (NYSE:KSS) today held its annual shareholders meeting. Following are the preliminary results for the six initiatives voted upon by shareholders:
1.
Kohls shareholders re-elected Peter Boneparth, Steven A. Burd, Kevin Mansell, Jonas Prising, John E. Schlifske, Adrianne Shapira, Frank V. Sica, 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.
2.
A proposal to ratify the appointment of Ernst & Young LLP as Kohls independent registered public accounting firm received approximately 96 percent of the votes cast.
3.
A non-binding advisory vote to approve the compensation of Kohls executive officers received approximately 93 percent of the votes cast.
4.
Approximately 85 percent of the votes cast in a non-binding advisory vote on the frequency of future advisory votes on the compensation of Kohls executive officers were cast in favor of annual votes.
5.
A proposal to approve Kohls 2017 Long-Term Compensation Plan received approximately 96 percent of the votes cast.
6.
A shareholder proposal regarding an independent chair received less than 19 percent of the votes cast.
Kohls 10-K, proxy and information about the companys 2016 financial performance are available at Corporate.Kohls.com.
About Kohls
Kohls (NYSE: KSS) is a leading omnichannel retailer with more than 1,100 stores in 49 states. With a commitment to inspiring and empowering families to lead fulfilled lives, Kohls offers amazing national and exclusive brands, incredible savings and an easy shopping experience in our stores, online at Kohls.com and on Kohl's mobile app. Throughout its history, Kohl's has given nearly $600 million to support communities nationwide. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohls impact in the community and how to join our winning team, visit Corporate.Kohls.com.
Contacts:
Investor Relations: Jill Timm, 262-703-2203
Media Relations: Jen Johnson, 262-703-5241, Jen.Johnson@Kohls.com
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