Hasta La Creative!

Target Chief Executive Officer Gregg Steinhafel, dogged by questions over whether the company responded quickly enough to a data breach last year, will step down as chairman, president and CEO.

John Mulligan, Target’s chief financial officer, will serve as interim CEO while the company seeks a permanent replacement, according to a statement. Board member Roxanne Austin will be interim chairwoman.

“The board is confident in the future of this company and views this transition as an opportunity to drive Target’s business forward and accelerate the company’s transformation efforts,” the directors said in the statement.

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