The data breach was the last straw for Target Corp. Chief Executive Officer Gregg Steinhafel.
The challenges are piling up for Target Corp. Chief Executive Officer Gregg Steinhafel.
Chief executive officers beware: Data breaches can now cost you your job.
Many Target Corp. customers are ready to forgive and forget.
Target Corp., still reeling from a security breach that exposed the personal information of tens of millions of customers, is seeking a new top technology executive to help prevent future attacks.
Before Target Corp. fired Chief Executive Officer Gregg Steinhafel this month, the company lowered his 2013 pay by 37 percent and cut his retirement benefits -- a response to pressure from shareholders.
"Establishing a clear path forward for Target following the data breach has been my top priority."
- Gregg Steinhafel on Apr 29, 2014