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Gregg Steinhafel resigns over data breach.
May 5, 2014
By: TOM BRANNA
Editor
It took a few months, but irate consumers finally got their man. Target President and CEO Gregg Steinhafel resigned Monday as the retailer continues to recover its image nearly five months after a massive holiday-season data breach. “Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target,” a company statement posted on its website Monday morning says. Steinhafel also resigned a...
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