MENOMONEE FALLS, Wis.–(BUSINESS WIRE)–May 3, 2022–
The National Association of Corporate Directors (NACD) has announced the 2022 NACD Directorship 100™ – the most influential peer-nominated leaders in the board and corporate governance community. Among this year’s esteemed recipients is Peter Boneparth, incoming president of Kohl’s Corporation (NYSE: KSS) (“Kohl’s” or the “Company”).
“Peter brings exceptional leadership and perspective to the Kohl Board of Directors,” said Frank V. Sica, current Chairman of the Kohl Board of Directors. “His successful track record as CEO of a women’s retail and apparel company along with his deep experience in M&A and investment allow him to add unique insight and ensure that we Let’s set the right course to maximize shareholder value Peter is a superb board leader who is well deserving of this distinguished honor.
Michelle Gass, CEO of Kohl, added, “Peter is a highly respected industry and financial leader with an unwavering drive to succeed and create value. We are deeply grateful for his commitment to the Kohl’s Board and congratulate him on this well-deserved recognition.
Mr. Boneparth is the new Chairman of Kohl’s and has been a director since 2008. He is also currently Chairman of the Board of JetBlue Airways.
Mr. Boneparth is a former senior advisor to a division of The Blackstone Group advising the retail sector, from February 2018 to August 2021. He is also a former senior advisor to Irving Place Capital Partners, a capital group -investment from 2009 to 2014. Previously, he was President and CEO of Jones Apparel Group, an apparel and footwear designer and distributor, from 2002 to 2007. During his five years at the helm of Jones Apparel Group, Mr. Boneparth expanded his apparel offering and grew the business through the acquisitions of Maxwell Shoe Company, Gloria Vanderbilt, Barneys New York and Kasper/Anne Klein. During his tenure, Jones operated approximately 800 retail gates in full-price and off-price channels across all divisions. Mr. Boneparth has M&A expertise spanning more than three decades and over $25 billion in transaction value resulting from his careers in law, investment banking and private equity.
Now in its 16th year, the NACD Directorship 100 Awards recognize top directors and governance professionals nominated by their peers. Winners are assessed in four key categories: Integrity, Mature Trust, Sound Judgment and High Performance Standards. A selection committee reviewed the nominees’ track record of improving board performance and conducting corporate governance practices in accordance with established NACD principles. The principles provide a framework that encourages excellence in areas such as risk oversight, business strategy, compensation and transparency.
“The NACD Directorship 100 continues to honor those who have demonstrated exemplary board leadership and innovation in corporate governance,” said Peter R. Gleason, Chairman and Chief Executive Officer. from NACD. “We pay tribute to the forward-thinking spirit of these individuals and their ability to lead their boards and their organizations to current and future success.
Winners will be recognized at the NACD Directorship 100 Gala, a black-tie event to be held June 22 at Cipriani 42nd Street in New York City. To learn more about the NACD Directorship 100 Gala, please visit the Directorship 100 Gala and Sponsorship site.
About the NCD
For more than 40 years, NACD has been at the forefront of corporate governance, setting standards of excellence that have elevated board performance. NACD provides today’s directors with ideas and education that advance their mission, while preparing a new generation of board leaders to meet the greatest challenges of tomorrow. NACD is a community of more than 23,000 directors driven by a common goal: to be trusted catalysts of economic opportunity and positive change, in companies and in the communities they serve. To learn more about NACD, visit nacdonline.org.
Kohl’s (NYSE: KSS) is a leading omnichannel retailer. With over 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl’s app, Kohl’s offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl’s is in a unique position to deliver on its strategy and vision to be the most trusted retailer of choice for the active, casual lifestyle. Kohl’s is committed to advancing its diversity and inclusion commitments, as well as the company’s environmental, social and corporate governance (ESG) management. For a list of store locations or to shop online, visit Kohls.com. For more information on Kohl’s impact in the community or how to join our winning team, visit Company.Kohls.com or follow @KohlsNews on Twitter.
Show source version on businesswire.com:https://www.businesswire.com/news/home/20220503005461/en/
For Kohls: Jen Johnson, (262) 703-5241, [email protected]
For NACD: Shannon Bernauer, (571) 367-3688, [email protected]
KEYWORD: UNITED STATES NORTH AMERICA WISCONSIN
INDUSTRY KEYWORD: HOME GOODS ONLINE RETAIL FASHION RETAIL DEPARTMENT STORE
Copyright BusinessWire 2022.
PUBLISHED: 03/05/2022 09:00/DISC: 03/05/2022 09:02
Copyright BusinessWire 2022.