Retail giant Kohl fires CEO Ashley Buchanan for romantic relationship with vendor

Kohl's fired CEO Ashley Buchanan after discovering a conflict of interest involving a business deal with Chandra Holt, his former romantic partner and ex-Walmart colleague. Buchanan directed Kohl's to engage in vendor transactions with Holt's company, leading to his termination and forfeiture of equity awards. Michael Bender has been named interim CEO.

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