Kohl's fires new CEO Ashley Buchanan after probe finds he violated conflict of interest policies
1. Kohl's CEO Ashley Buchanan was fired for conflict-of-interest violations. 2. Michael Bender appointed as interim CEO after Buchanan's termination. 3. Kohl's shares rose nearly 6% following the CEO change. 4. The company reported preliminary Q1 sales down 4% to 4.3%. 5. Kohl's has seen high CEO turnover, impacting company stability.