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Esteemed Contributor
KathyPet
Posts: 5,660
Registered: ‎03-09-2010

Target CEO Resigns

‎05-05-2014 05:10 PM

The CEO of Target has resigned after "Extensive discussions with the BOD". he was the CEO,during the data breach and evidently it was resign or we throw you out on your ear. Don't feel bad for him though usually these type of resignations are accompanied by a boat load of --$$$.
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Honored Contributor
MickD
Posts: 12,415
Registered: ‎03-10-2010

Re: Target CEO Resigns

‎05-05-2014 05:12 PM

It's too bad. I wonder how many other head honchos resigned? I would think the head of their IT department bit it too.....

Where have you gone, Joe DiMaggio? A nation turns its lonely eyes to you.... ~ S & G
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ahoymate
Posts: 4,482
Registered: ‎05-30-2010

Re: Target CEO Resigns

‎05-05-2014 05:17 PM

Greg Steinhafel

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DoneTryin
Posts: 4,450
Registered: ‎03-09-2010

Re: Target CEO Resigns

‎05-05-2014 05:18 PM

I'm sure he has a golden parachute to break his fall.

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Lipstickdiva
Posts: 33,580
Registered: ‎03-10-2010

Re: Target CEO Resigns

‎05-05-2014 05:18 PM

Neiman's had the breach as well. Wonder if their CEO will step down. And recently it came out that Michael's also had a breach that went on for a very long time before it was made public.

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ahoymate
Posts: 4,482
Registered: ‎05-30-2010

Re: Target CEO Resigns

‎05-05-2014 05:19 PM

On 5/5/2014 MickD said:

It's too bad. I wonder how many other head honchos resigned? I would think the head of their IT department bit it too.....

Beth Jacob, CIO, resigned months ago - March.

No sympathy from me for their resignations.

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Esteemed Contributor
KathyPet
Posts: 5,660
Registered: ‎03-09-2010

Re: Target CEO Resigns

‎05-05-2014 05:19 PM

AKA ""Falling on your sword""
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MickD
Posts: 12,415
Registered: ‎03-10-2010

Re: Target CEO Resigns

‎05-05-2014 05:25 PM

Thanks for that info skylands!

Where have you gone, Joe DiMaggio? A nation turns its lonely eyes to you.... ~ S & G
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