Target Chief Information Officer Resigns in Wake of Data Breach
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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 as part of an overhaul of its operations. The company is searching for a candidate to replace Beth Jacob, who had held the chief information officer post since 2008.
Her resignation was reported earlier today by the Associated Press. The new executive will help revamp Target’s information-security and compliance operations, CEO Gregg Steinhafel said today in an e-mailed statement.
Mr. Steinhafel has been has been working to keep customers coming into stores after hackers stole card data and personal information from millions of shoppers. The second-largest U.S. discount retailer last month posted fourth-quarter profit that topped analysts’ estimates, signaling it’s regaining shoppers’ loyalty.
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