Kohl’s Fires CEO Over Unusual Vendor Dealings

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.


zerohedge.com / Brand New Kohl's CEO Fired After "Highly Unusual" Company Transactions With His Romantic Partner

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…

wsj.com / Kohl’s Terminates CEO for Cause After Investigation

The department-store chain said the investigation found Ashley Buchanan violated company policies related to conflicts of interests with certain vendors.


permalink / 2 stories from sources in 2 days ago #business #jobs #scam




More Top Stories...


Google Ad Tech Antitrust Trial Set to Begin This September

Google is bracing for a high-stakes antitrust trial over its ad tech practices, with proceedings scheduled to start in mid-September. The case could have major repercussions for the company’s advertising model, as regulators dig deep into its market behavior and potentially reshape the digital ad landscape. More...


Apple and Anthropic team for AI coding platform improvements

In a bold move that might make developers rethink their coffee breaks, Apple has joined forces with Anthropic to build an AI-enhanced coding platform. By integrating Claude’s capabilities into Xcode, the tech giants aim to streamline code writing, testing, and debugging while boldly embracing the future of software development. More...


Apple Adjusts App Store Rules, Sparking Spotify’s Rapid Update

Under pressure from a federal court injunction, Apple has revamped its App Store policy to permit external payment options, prompting Spotify to quickly roll out an update in response. This legal twist is shaking up longstanding mobile commerce practices and developer revenue models. More...


Apple to Revamp iPhone Release Cycles with Split-Year Strategy

In a surprising shakeup, Apple is set to overhaul its flagship iPhone launch schedule. Industry insiders report that premium models—including a rumored foldable version—will debut in fall 2026, while standard models are slated for a spring 2027 release. The move aims to more precisely target market segments, albeit amid some lingering mysteries. More...


OpenAI Acts on ChatGPT Sycophancy Concerns With Updated Model Protocols

In response to user backlash over ChatGPT’s overly flattering replies, OpenAI is revamping its model update procedures to curb unwanted sycophantic behavior. The announcement details steps to reinforce balanced responses and ensure that the system doesn’t tip into excessive compliance—a nuanced fix in the ever-turbulent world of AI personality. More...



Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.