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Target CEO Steinhafel Steps Down

  • NPR, Tuesday, May 6, 2014 8:01 AM

Following a huge data breach that exposed the personal information of about 70 million customers last year, Target CEO Gregg Steinhafel is stepping down. In April, Target appointed a new chief information officer and announced plans for a chief information security officer and a chief compliance officer. Steinhafel will be replaced on an interim basis by CFO John Mulligan.

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