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Kohl’s fires CEO after investigation into conflicts of interest with vendors


Kohl’s Company said Thursday it has fired CEO Ashley Buchanan for trigger after an investigation discovered he had violated the corporate’s conflict-of-interest insurance policies. 

Buchanan was terminated after an exterior investigation discovered that he directed the corporate to have interaction in transactions that concerned “undisclosed conflicts of curiosity,” in line with the corporate’s assertion.

The Menomonee Falls, Wisconsin-based division retailer mentioned it has appointed Michael Bender, its board chair, to function interim chief govt officer.

—This can be a breaking story and will likely be up to date.


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