Kohl's just fired its CEO after only 100 days on the job after striking a 'highly unusual' deal with a vendor he had a personal relationship with

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Kohl's just fired its CEO after only 100 days on .. with a vendor he had a personal relationship with

Kohl's just fired its CEO after only 100 days on the job after striking a 'highly unusual' deal with a vendor he had a personal relationship with

^{Published on 2025-05-01 11:46:44 - Fortune}

Buchanan had only been at the helm of the retailer since January.

Kohl's has fired its CEO, Michelle Gass, amid an investigation into an ethics violation involving an unusual relationship with a vendor, as reported by Fortune. The investigation, which began in late 2022, uncovered that Gass had engaged in a personal relationship with an executive from a company that does business with Kohl's, raising concerns about conflicts of interest. This led to her immediate termination, and the company has appointed an interim CEO while it searches for a permanent replacement. The board emphasized its commitment to maintaining high ethical standards and ensuring that all business dealings are conducted with integrity.

Read the Full Fortune Article at:
[ https://fortune.com/article/kohls-fires-ceo-ashley-buchanan-ethics-conflict-interest-unusual-vendor-relationship/ ]

N@N

Kohl's just fired its CEO after only 100 days on the job after striking a 'highly unusual' deal with a vendor he had a personal relationship with