Kohl’s said Wednesday that it is losing two of its top executives, as the retailer searches for a potential buyer amid pressure from activists to sell the business.
Doug Howe, Kohl’s chief merchandising officer, is departing immediately, the retailer said in a securities filing. Greg Revelle, chief marketing officer, is expected to depart June 1.
“A search for the replacements is already underway,” Kohl’s said.
Source: CNBC
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