Target’s Chief Resigns in Wake of Data Breach

“Gregg Steinhafel, the chairman and chief executive of Target, resigned on Monday, the latest in a series of moves made by the company as it struggles to recover from last year’s holiday data breach of customer information.

The company’s board made the announcement, saying that the resignation of Mr. Steinhafel, who had been with Target for 35 years, occurred after extensive discussions.”

Source: Target’s Chief Resigns in Wake of Data Breach –

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