This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Kohl’s fires CEO Ashley Buchanan after investigation
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Kohl’s fires CEO Ashley Buchanan after investigation
Markets

Kohl’s fires CEO Ashley Buchanan after investigation

Editorial Board Published May 1, 2025
Share
Kohl’s fires CEO Ashley Buchanan after investigation
SHARE

Take a look at what’s clicking on FoxBusiness.com.

Kohl’s introduced on Thursday that it fired CEO Ashley Buchanan after an investigation discovered he violated firm insurance policies.

The retailer stated its board terminated Buchanan, who turned chief govt in January, after the investigation “determined Mr. Buchanan violated company policies by directing the Company to engage in vendor transactions that involved undisclosed conflicts of interest.”

The investigation “found Mr. Buchanan had directed the Company conduct business with a vendor founded by an individual with whom Mr. Buchanan has a personal relationship on highly unusual terms favorable to the vendor and that he also caused the Company to enter into a multi-million dollar consulting agreement wherein the same individual was a part of the consulting team,” the retailer stated in a Securities and Trade Fee (SEC) submitting.

KOHL’S CUTS 10% OF CORPORATE WORKFORCE TO IMPROVE PROFITABILITY

As a Kohl’s Rewards member, you earn 5% on each buy, daily  (Michael Siluk/UCG/Common Photos Group / Getty Photos)

His termination didn’t have something to do with the corporate’s “performance, financial reporting, results of operations,” nor did it contain some other staff, Kohl’s stated.

Exterior counsel overseen by the board’s audit committee performed the probe, Kohl’s stated.

KOHL’S IS CLOSING 27 STORES IN 15 STATES. HERE’S WHERE THEY’RE LOCATED

Ticker Safety Final Change Change % KSS KOHL’S CORP. 7.18 +0.48
+7.16%

The corporate chosen board Chair Michael Bender to run the retailer on an interim foundation because it begins its seek for a brand new everlasting CEO. 

Bender will cease serving on some board committees and never be board chair throughout his stint as interim CEO, however will nonetheless maintain his board seat, Kohl’s stated. He has been a board member since July 2019.

Kohl's shopping store

An activist investor is renewing a push to get department-store chain Kohl’s Inc. to take motion to spice up its lagging inventory. (iStock / iStock)

A brand new chair can be unveiled “in due course,” Kohl’s stated.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

TAGGED:AshleyBuchananCEOFiresinvestigationKohls
Share This Article
Twitter Email Copy Link Print
Previous Article The evolution of enterprise IoT asset monitoring: From finding property to optimizing operations The evolution of enterprise IoT asset monitoring: From finding property to optimizing operations
Next Article Trump caves, as US and Ukraine signal resource-sharing settlement Trump caves, as US and Ukraine signal resource-sharing settlement

Editor's Pick

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Studying Time: 2 minutes Beloved influencer Emman Atienza has been discovered lifeless in Los Angeles. She was simply 19 years…

By Editorial Board 2 Min Read
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion

We independently consider all advisable services. Any services or products put ahead…

6 Min Read
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing

Santa Rosa police have arrested a person and lady from Dublin within…

2 Min Read

Oponion

WWE Wrestlepalooza preview — Cena-Lesnar to kick off ESPN’s first PLE

WWE Wrestlepalooza preview — Cena-Lesnar to kick off ESPN’s first PLE

Greg WyshynskiSep 18, 2025, 06:26 PM ET Shut Greg Wyshynski…

September 20, 2025

Step Contained in the World’s Most Lovely Vogue Shops — From Paris to Miami | Fashion

We independently consider all really helpful…

October 24, 2025

Goodbye to the Days of the ‘Rust Belt’

This past week Intel announced that…

January 27, 2022

Rivera may not have all the answers, but he’s definitely got all the questions

It’s been a week since we’ve…

November 7, 2021

Comcast Weighs Pulling Some Content From Hulu

Comcast Corp.’s NBCUniversal is considering removing…

November 22, 2021

You Might Also Like

Nvidia turns into first firm to hit  trillion market valuation as AI growth drives historic development
Markets

Nvidia turns into first firm to hit $5 trillion market valuation as AI growth drives historic development

Nvidia CEO Jensen Huang joins ‘The Sunday Briefing’ to debate the brand new U.S.-made Blackwell AI chip wafer, how Trump-era…

6 Min Read
Trump pardon of the previous Binance CEO sparks unproven battle of curiosity allegations
Markets

Trump pardon of the previous Binance CEO sparks unproven battle of curiosity allegations

Commodity Futures Buying and selling Fee Appearing Chair Caroline Pham discusses the ‘crypto sprint’ initiative, how regulation might strengthen U.S.…

6 Min Read
Fox Corp hits promoting income document in first quarter
Markets

Fox Corp hits promoting income document in first quarter

Burger King and Tim Hortons gross sales up on resilient site visitors; Kimberly-Clark revenue falls; Report: Shops providing extra reductions…

2 Min Read
Ex-trader recordsdata 0M lawsuit towards UBS over Libor manipulation scandal
Markets

Ex-trader recordsdata $400M lawsuit towards UBS over Libor manipulation scandal

Market Insurrection co-founder Jon Najarian explains what brought about vitality costs to rise, addresses whether or not he would purchase…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?