Kohl’s (Menomonee Falls, Wis.) announced that retail veteran Wendy Arlin has joined its board. Arlin, who most recently served as CFO for Bath & Body Works Inc., brings more than three decades of experience in corporate finance, financial reporting, oversight and accounting, and expertise in the consumer industry.
Said board Chair Peter Boneparth: “Wendy is an excellent addition to our board as we continue to focus on supporting the company’s strategic growth plan and delivering shareholder value.”
The department store operator says Arlin’s appointment is part of an ongoing board refreshment process at Kohl’s, an effort to bring in what it describes as “relevant, experienced leaders.”
Arlin has been appointed to a term expiring at Kohl’s 2024 annual shareholders meeting and will stand for election by shareholders at that time. She will serve on the board’s Audit Committee. With Arlin’s appointment, the board has been expanded to 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, who also serves as a director of The Wendy’s Co. and WK Kellogg Co.
Kohl’s operates roughly 1100 stores in 49 U.S. states.