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submitted 1 month ago by [email protected] to c/[email protected]

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] 4 points 4 weeks ago

In all seriousness, this is viewed as a sign of a risk-taker. Many corporations find themselves stuck and afraid of change, so this can change the direction. It's related to the concept of "move fast and break things".

I have no idea how often this approach works.

this post was submitted on 01 May 2025
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