Nordstrom has come under sharp scrutiny by investors, including activist Ryan Cohen.
of the home goods retailer, which is now on the verge of bankruptcy.
Nordstrom did not say in the news release whether the board appointment was board of an agreement with Cohen. CNBC has reached out to the company for comment. As the retail backdrop gets tougher, Nordstrom has reported slowing sales and falling profits. The high-end department store's net income fell to $119 million, or 74 cents per share, from $200 million, or $1.23 per share, in the holiday quarter compared with the year-ago period. Net sales for the company's namesake banner decreased 2.4%, and net sales for its off-price banner, Nordstrom Rack, dropped 8.1% in the quarter versus the year-ago period.
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