activist investors

CNBC: Activist Investor Pressure Encouraged Kohl’s CEO to Take Levi’s Leadership Role

Levi Strauss & Co. (LS&Co.) CEO Chip Bergh said that pressure from activist investors encouraged Kohl’s CEO Michelle Gass to take on…

Kohl’s Bucks Investor Pressure, Keeps Current Board in Place as Sale Talks Continue

Kohl’s shareholders voted to re-elect all 13 of its current Board Directors on May 11 despite prolonged efforts by activist investor Macellum…

Kohl’s Confirms it’s in Talks with Potential Buyers, Defends ‘Standalone Strategy’

Kohl’s has confirmed reports that it is in discussion with a number of parties interested in acquiring its business, saying in a…

Dollar Tree Settles with Activist Investor, Appoints Former Dollar General CEO to Lead Board

Following several months of pressure from activist investor Mantle Ridge, Dollar Tree has announced the makeup of its “reconstituted” Board of Directors,…

Kohl’s Makes its Case to Investors with Plans for Additional Sephora and Small-Format Stores

At its virtual Investor Day March 7, Kohl’s outlined its strategy to drive growth and “become the retailer of choice for the…

Macellum Advisors Nominates 10 Directors to Kohl’s Board, Questions Rejection of Acquisition Bids

Activist investor Macellum Advisors has nominated a slate of 10 independent candidates for the Kohl’s Board of Directors as the firm continues…

Report: Sycamore, Acacia Make Acquisition Bids for Kohl’s as it Faces Investor Pressure

Kohl’s has confirmed that at least two suitors have made acquisition offers. Sycamore Partners is reportedly willing to pay $65 per share,…

Kohl’s Reaches Agreement with Activist Investors, Names Three New Board Members

Kohl’s has named three new directors to its board as part of an agreement with a group of activist investors that have…

Kohl’s Provides Update on Turnaround Effort; Investor Group Cuts Director Nominations from 9 to 5

Update: Kohl’s has rejected the new, smaller slate of directors put forth by activist investors. The retailer stated that one of the…

Bed Bath & Beyond CEO Steps Down Amid Activist Investor Pressure

Bed Bath & Beyond CEO Steven Temares has resigned from his position and as a member of the company’s Board of Directors…

Bed Bath & Beyond Ousts Co-Founders From Revamped Board Of Directors

Bed Bath & Beyond co-founders Warren Eisenberg and Leonard Feinstein have left the board of directors after facing pressure from three activist…