Kohl’s has added Stacy Taffet, a consumer-brands executive, to its board as part of an ongoing board-refreshment effort. The appointment expands the board from eight members to nine and gives it additional experience in marketing, brand strategy and growth.
Taffet is chief growth and marketing officer at The Hershey Company and previously held senior roles at PepsiCo. She will initially serve on Kohl’s Audit Committee.
- Board role: Taffet joined as an independent director on Oct. 29. Her initial term runs until Kohl’s 2027 annual shareholder meeting, when she is expected to stand for election.
- Board composition: The board now has nine members, eight of whom are independent. Taffet fills a newly created seat.
- Experience: Taffet has more than 20 years of consumer-goods leadership experience. At Hershey, where she has served as chief growth and marketing officer since April 2025, her responsibilities include growth and marketing strategy, innovation and brand development. Her earlier PepsiCo career included leadership in beverage portfolio strategy and marketing.
- Director compensation: Under Kohl’s non-employee director compensation program, she is expected to receive restricted shares with a grant-date value of about $145,000 on Nov. 13. The shares are scheduled to vest after one year.
- Other disclosures: Kohl’s said there are no family relationships between Taffet and its directors or executives, and no transactions involving her that require disclosure.
Why it matters: The appointment adds a director with senior consumer-brand and marketing experience as Kohl’s says it continues to refresh the board and work on its transformation. The disclosed changes are to board composition and oversight; the announcement does not describe a change to Kohl’s operating strategy or control.