What: Kohl’s has recently appointed Wendy Arlin to its board of directors as part of a continuous board refreshment initiative aimed at bringing in experienced and relevant leaders

Why it is important: The appointment of Wendy Arlin to Kohl's board of directors is vital as it bolsters the board's expertise in financial and accounting matters, supporting the company's strategic growth plan and enhancing shareholder value.

Her appointment at Kohl's is set to become effective at the company's 2024 annual shareholder meeting, and she will also be serving on the board's audit committee. With Arlin's addition, Kohl's board will consist of 13 directors, 12 of whom are independent, reinforcing the existing strength of the board.

Arlin, who previously served as the chief financial officer for Bath & Body Works, brings over three decades of experience in corporate finance, accounting, and financial reporting to her new role. During her career at L Brands, she held various leadership positions for nearly 20 years, including senior vice president of finance and corporate controller. Currently, Arlin is a director of The Wendy's Company and WK Kellogg, where she is actively involved in the Compensation and Talent committee and chairs the Audit committee.

Kohl’s appoints former Bath & Body Works CFO to board