February 23, 2006
KOHL'S CORPORATION ANNOUNCES BOARD CHANGES
MENOMONEE FALLS, Wis., February 23, 2006 Kohl's Corporation
(NYSE: KSS) today announced that Stephen E. Watson has joined its
board of directors, effective February 22, 2006. Watson has more
than 30 years of experience in the retail industry, 23 of which
were with Target Corporation, where he retired in 1996 as president
and chairman, and chief executive officer of the Department Store
Division. He also served as president and chief executive officer
of Gander Mountain from 1997 to 2002.
Mr. Watson was elected to a two-year term, and will be eligible
for re-election by Kohl's shareholders at the 2008 annual meeting.
Watson will initially serve on the Governance & Nominating Committee
and the Audit Committee.
Larry Montgomery, Kohl's chairman and chief executive officer,
said, "We are delighted to have Steve Watson join our board
of directors. His deep understanding of retail operations and his
experience in managing a high-growth business will be invaluable
as Kohl's continues to execute its growth strategies."
Watson will replace Judith A. Sprieser, who resigned from the board
of directors, effective February 22, 2006, to devote more time to
her other business interests. Sprieser joined the Board in 2003,
and served on the Governance & Nominating Committee and the
Based in Menomonee Falls, Wis., Kohl's is a family-focused, value-oriented
specialty department store offering moderately priced national and
exclusive brand apparel, shoes, accessories, home and beauty products
in an exciting shopping environment. Kohl's operates 732 stores
in 41 states. For a list of store locations and information, or
for the added convenience of shopping online, visit Kohl's Website
Investor Relations Contact:
Wes McDonald, Chief Financial Officer, (262) 703-1893
Vicki Shamion, Vice President of Public Relations (262) 703-1464
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