Target CIO resigns

Target (TGT +0.1%) Chief Information Officer Beth Jacob has resigned, according to the AP.

Her resignation comes a few months after Target suffered one of the largest breaches of customer data in history.

The retailer plans to hire a full-time replacement from outside of the company.

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Comments (5)
  • D.B. Kim
    , contributor
    Comments (147) | Send Message
    CEO Gregg W. Steinhafel should be fired as well. He has no honor, being half dishonest about the original breach, even when security experts had already said it was more widespread, taking the road of denial, before finally being more forthcoming 30 days later as Wall Street requires transparency. How many days did he let customers use their credit cards knowing they had a problem? He also understaffed his customer service team making it impossible for people to cancel their Red Cards for at least a week. Why should shareholders feel he's capable of leading them?
    5 Mar 2014, 09:55 AM Reply Like
  • ls1gto
    , contributor
    Comments (264) | Send Message
    You really think CEO of such a large company has anything to do with staffing? Maybe he interviews the candidates for his customer service team as well?
    5 Mar 2014, 03:57 PM Reply Like
  • kevinconway
    , contributor
    Comments (2754) | Send Message
    Agree. And next to resign will be the dolts who screwed up Canada. A bit of controled panic setting in? "Do not pay any attention to the man behind the curtin":Wizard of OZ.
    5 Mar 2014, 10:13 AM Reply Like
  • Mark Gierach
    , contributor
    Comments (89) | Send Message
    supersaverguy - It is very possible that Mr. Steinhafel couldn't say anything right away due to a federal investigation going on. Customer service departments of all companies aren't set up to handle a crisis like the one TGT just went through. If TGT missed earnings because they had an overstaffed customer service department, my guess is you would be complaining about that too.


    Think first, then write.
    5 Mar 2014, 10:32 AM Reply Like
  • TradeThrough
    , contributor
    Comments (18) | Send Message
    The Canada rollout has been a complete joke. This management team needs to be replaced and today was the first step.
    6 Mar 2014, 04:38 AM Reply Like
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