8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  May 1, 2008

KOHL’S CORPORATION

(Exact name of registrant as specified in its charter)

Wisconsin	001-11084	39-1630919
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

N56 W17000 Ridgewood Drive         Menomonee Falls, Wisconsin	53051
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code:  (262) 703-7000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 1, 2008, Kohl’s Corporation (the “Company”) issued a press release announcing that the Board of Directors has increased the size of the Board to twelve members and has elected Peter Boneparth and Dale E. Jones to fill the new Board seats effective immediately.  Mr. Boneparth and Mr. Jones are expected to serve on the Board of Directors’ Governance & Nominating Committee.  A copy of the press release announcing the elections is attached as Exhibit 99.1 and incorporated herein by reference.  

As non-employee directors of the Company, Mr. Boneparth and Mr. Jones will participate in the Company’s Outside Director Compensation Program, as described on Exhibit 10.26 of the Company’s Annual Report on Form 10-K for the fiscal year ended February 2, 2008.  Pursuant to the Outside Director Compensation Program, Mr. Boneparth and Mr. Jones are expected to receive stock options with a grant date fair value of $100,000 on June 13, 2008.  These stock options will have a ten-year term and will vest in full on the first anniversary of the date of grant.  The strike price of these options will be the closing price of the Company’s stock on June 13, 2008.

Neither Mr. Boneparth nor Mr. Jones has any arrangement or understanding with any persons pursuant to which he was elected to serve as a director, except as described herein.  Neither Mr. Boneparth nor Mr. Jones has any family relationship with any officer or director of the Company.  Further, neither Mr. Boneparth nor Mr. Jones has been involved in any related transactions or relationships with the Company as defined in Item 404(a) of Regulation S-K.

Item 9.01.  Financial Statements and Exhibits.

(d)

Exhibits

Exhibit No.	Description
99.1	Press Release dated May 1, 2008

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:  May 1, 2008

KOHL’S CORPORATION

By:

/s/ Richard D. Schepp                            

Richard D. Schepp

Executive Vice President

General Counsel and Secretary

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EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated May 1, 2008

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EX-99.1

Exhibit 99.1

	Contacts: Investor Relations: Wes McDonald, (262) 703-1893 Media: Vicki Shamion, (262) 703-1464

PETER BONEPARTH AND DALE E. JONES ELECTED TO KOHL'S CORPORATION BOARD OF DIRECTORS

MENOMONEE FALLS, Wis., May 1, 2008 — Kohl’s Corporation (NYSE: KSS) today announced that its Board of Directors has elected Peter Boneparth and Dale E. Jones as new board members, effective immediately. 

Boneparth and Jones have been elected to a term expiring at Kohl’s 2009 annual shareholders meeting and will be eligible for re-election by Kohl’s shareholders at that time. They will also initially serve on the Board of Directors’ Governance and Nominating Committee.

Larry Montgomery, Kohl's chairman and chief executive officer, said, "Peter and Dale are strong additions to our board. Peter’s first-hand knowledge of the apparel industry, along with his proven executive management experience and strategic vision will benefit Kohl’s in the near- and long-term.  And Dale brings extensive experience in the area of building world-class executive leadership teams. His demonstrated expertise will be a valuable asset to Kohl’s.”

Peter Boneparth
		From March 2002 to July 2007, Mr. Boneparth was president and chief executive officer of Jones Apparel Group, a leading designer and marketer of apparel and footwear brands, including Nine West, Easy Spirit, Jones New York, and Evan-Picone, among others.  From July 2001 through March 2002, he served as chief executive officer of Jones Moderate Division, and was a member of the Jones Apparel Group board of directors from July 2001 through July 2007.  He was chief executive officer, president and board member of McNaughton Apparel Group from April 1997 to July 2001.  Prior to that, Mr. Boneparth spent 10 years in the investment banking field and has also practiced law with a private firm.
Dale E. Jones
	Dale E. Jones is executive vice president for Leadership Development of Revolution LLC, a company that seeks to drive transformative change by shifting power to consumers and building significant, category-defining companies in the process. Prior to joining Revolution, Mr. Jones served as Managing Partner of the CEO Practice of Heidrick and Struggles for the Americas and as a member of the Global Consumer Retail Practice.  Mr. Jones currently serves on the Board of Trustees at Northwestern Mutual.

About Kohl’s
Based in Menomonee Falls, Wis., Kohl’s (NYSE: KSS) is a family-focused, value-oriented specialty department store offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty and home products in an exciting shopping environment. Kohl’s operates 957 stores in 47 states and will celebrate the opening of its 1,000th store in the fall. A company committed to the communities it serves, Kohl’s has raised more than $102 million for children’s initiatives nationwide through its Kohl’s Cares for Kids® philanthropic program.  For a list of store locations and information, or for the added convenience of shopping online, visit www.kohls.com.

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