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Kohl’s CEO fired after making ‘highly unusual’ business deals with his romantic partner, report says (finance.yahoo.com)

submitted 2 days ago by [email protected] to c/[email protected]

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USA Today reports this too, but skirted the real issue:

https://www.usatoday.com/story/money/business/2025/05/01/kohls-fires-ceo-ashley-buchanan/83386823007/

Buchanan was fired after he violated company policies by directing Kohl's "to engage in vendor transactions that involved undisclosed conflicts of interest,"

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[–] [email protected] 47 points 2 days ago (7 children)

Why would Kohls hire the ex-CEO of Bed Bath and Beyond to begin with? So he could drive Kohls out of business too?

[–] [email protected] 10 points 2 days ago (1 children)

CEOs of large companies don't get hired based on track record. It's all just a name game for them. They rack up company names and it makes them more eligible.

[–] [email protected] 5 points 2 days ago

"Bed Bath and Beyond thought I was a good pick. They were wrong, of course, but they thought that. Hopefully you do, too!"

"You're hired"

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