Ashley Buchanan, the CEO of Kohl’s, was terminated from his position due to his failure to disclose a romantic relationship with a vendor. This vendor's startup had received preferential business deals from the retailer. The situation came to light after an internal investigation revealed the conflict of interest.

The news, originally reported by Moneycontrol, emphasizes the importance of transparency and ethical conduct within corporate leadership. The article highlights the implications of such undisclosed relationships on business integrity and decision-making processes. It also points out the potential for conflicts of interest when personal relationships intersect with professional responsibilities.

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