Article Photos: A look back at some major CEO flameouts 3/5

FILE -This  May 15, 2001, file photo, shows Charles C. Conaway, former chief executive of Kmart Corp. Conaway had won many fans on Wall Street as the No. 2 executive at CVS, where he helped build the drugstore chain into an industry powerhouse. When he was hired as by Kmart in 2000, Conaway was inheriting a company with a long list of entrenched problems, including outdated technology and drab stores. But in early 2002, Kmart filed for Chapter 11 bankruptcy, and Conaway resigned soon after.   (AP Photo/Carlos Osorio, File)