#chandraholt

CEO Ashley Buchanan was terminated “for cause” after under five months on the job when an outside counsel’s probe revealed he directed the retailer to engage in vendor transactions with undisclosed conflicts—most notably involving Chandra Holt, a former Walmart colleague and romantic partner. The board’s decision underscores how Holt’s role as a consultant and founder of coffee brand Incredibrew became central to allegations that Buchanan violated Kohl’s code of ethics.