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The board of directors of US retailer Target has announced that Gregg Steinhafel is no longer the companys president and CEO. The announcement comes just months after the company suffered a major data breach in which 40 million payment cards were compromised. Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel […]

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Target on Monday announced that Gregg Steinhafel, the company’s CEO, President and Chairman of the board, has stepped down from all positions following the massive credit card hack the company had been hit with late last year. “Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is […]

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Target Corp. announced on Monday that effective immediately, Gregg Steinhafel would step down from his positions as Chairman of the Target board of directors, president and CEO, following the massive data breach late last year that exposed millions of customer payment card numbers and hurt company profits. “Today we are announcing that, after extensive discussions, […]

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