Kohl's just fired its brand new CEO for unethical behavior

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Kohl's just fired its brand new CEO for unethical behavior | CNN Business

//business-finance.news-articles.net/content/202 .. new-ceo-for-unethical-behavior-cnn-business.html

Published in Business and Finance on Thursday, May 1st 2025 at 11:21 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Kohl's has fired its newly installed CEO, who has spent less than five months in the position, after the retailer found that Ashley Buchanan engaged in unethical behavior.

On May 1, 2025, Kohl's announced a leadership change with Tom Kingsbury stepping down as CEO after a transformative three-year tenure. During his time, Kingsbury focused on enhancing the company's omnichannel strategy, strengthening its digital presence, and expanding its partnership with Sephora, which significantly boosted store traffic and sales. Succeeding him is Dave Alves, previously Kohl's President and Chief Operating Officer, who is set to continue driving the company's growth initiatives and further solidify its market position. The transition is effective immediately, and Kingsbury will remain as an advisor to ensure a smooth handover.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/01/business/kohls-ceo-change ]

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