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FORMER CHAIRMAN RESIGNS FROM KMART BOARD
TROY, Mich. -- Donald Perkins, former Kmart chairman, has resigned as a director of Kmart here to become a director of a Kmart supplier.Hall was named chairman, president and chief executive.Perkins left to become a director of Springs Industries, a Fort Mills, S.C., maker of fabrics and home furnishings. He couldn't have remained on Kmart's board, because Springs is one of its suppliers, a Kmart
February 19, 1996
1 Min Read
TROY, Mich. -- Donald Perkins, former Kmart chairman, has resigned as a director of Kmart here to become a director of a Kmart supplier.
Hall was named chairman, president and chief executive.
Perkins left to become a director of Springs Industries, a Fort Mills, S.C., maker of fabrics and home furnishings. He couldn't have remained on Kmart's board, because Springs is one of its suppliers, a Kmart spokeswoman said.
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