May 1, 2025, 12:21 pm
Kohl’s has abruptly terminated its CEO, Ashley Buchanan, following an internal investigation that uncovered highly irregular transactions with a vendor connected to his romantic partner. The decision came after allegations of significant conflict of interest, leaving the retail giant scrambling to restore its corporate credibility.
Brand New Kohl's CEO Fired After "Highly Unusual" Company Transactions With His Romantic Partner Now former Kohl's CEO Ashley Buchanan was abruptly fired after an internal investigation revealed he steered the company into a multimillion-dollar deal involving a vendor tied to a former…
The department-store chain said the investigation found Ashley Buchanan violated company policies related to conflicts of interests with certain vendors.
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