LARRY MONTGOMERY
Former Chief Executive Officer and Chair of Kohl’s Department Stores Inc. His retail career began in 1972 where he held some executive management positions before joining Kohl’s in 1988 where he was the Senior Vice President and Director of Kohl’s Department Stores. Then, he served as the Executive Vice President of Stores from 1993 to 1996. He got appointed as one of the board of directors in 1994, promoted as CEO in 1999, and became chairman in 2003. Montgomery retired in January 2010.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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