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Target CEO Steinhafel Steps Down Following Last Year's Data Breach

Posted by Daniel Ford on Mon, May 05, 2014

After last year's data breach that exposed the personal information of approximately 70 million customers, Target announced today that CEO Gregg Steinhafel is officially stepping down. "After extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target," the company's board said in a statement. John Mulligan, Target's CFO, will serve as interim CEO while the company seeks a permanent replacement.

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Topics: DiCentral, Target, Gregg Steinhafel

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