What are the individual net worths of Chandra Holt and Ashley Buchanan?

Chandra Holt , a trailblazer in retail and entrepreneurship, is caught in a scandal that centres around Ashley Buchanan , her former Walmart colleague and a former romantic partner, reportedly.

Reports say, Kohl's CEO Ashley Buchanan has been terminated after an internal investigation revealed he had directed the company to engage in vendor transactions involving undisclosed conflicts of interest. Specifically, Buchanan facilitated multimillion-dollar deals with Incredibrew , a coffee brand founded by his former romantic partner and ex-Walmart colleague, Chandra Holt. The agreements were characterized by unusually favorable terms, and Buchanan failed to disclose his personal relationship with Holt, violating Kohl's code of ethics. The scandal has raised questions about corporate governance and ethical compliance within Kohl's, leading to the appointment of board member Michael Bender as interim CEO while the company searches for a permanent replacement.


In response to the media statement, Holt replied, “I’ve known Ashley Buchanan for 10 years, but I have not received any compensation for my Incredibrew business from Kohl's.

While an internal investigation revealing a conflict of interest is still ongoing, let's take a look at the individual net worth of Chandra Holt and Ashley Buchanan.

Chandra Holt's net worth

At Walmart, Holt held various leadership positions, contributing to the company's expansive growth. In 2021, she took the helm as CEO, earning over $11.5 million in compensation in 2022. She resigned in October 2022 amid financial challenges faced by the company. In February 2024, Holt was appointed as the Division Chief Executive Officer for Bed Bath & Beyond under Beyond, Inc., with an annual base salary of $900,000 and a target bonus of the same amount. Holt founded Incredibrew, a health-conscious coffee brand, in 2022. The company gained attention for its innovative approach to coffee, infusing beverages with vitamins and minerals.

While exact figures are not publicly disclosed , Holt's net worth is estimated to be in the multi-million-dollar.

Ashley Buchanan's net worth

Ashley Buchanan's professional life has been characterized by high-profile leadership positions in the retail sector, which culminated in his role as CEO of Kohl's. At Walmart, where he got to know Holt, Buchanan held several roles, including Chief Merchandising Officer for Walmart's U.S. e-commerce business. He was named CEO of The Michaels Companies in 2020, guiding the company through major transformations. In January 2025, he was appointed CEO of Kohl's, with a compensation package of around $20 million.

As of March 30, 2025, Buchanan's net worth was estimated at $14 million, which are primarily derived from his holdings in Kohl's Corporation.