Is Target better off without Gregg Steinhafel?
Target's massive data breach has now cost the company's CEO his job.
Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out, nearly five months after the retailer disclosed the breach, which has hurt its reputation among customers and has derailed its business.
The nation's third-largest retailer said Steinhafel, a 35-year veteran of the company and CEO since 2008, has agreed to step down, effective immediately. He also resigned from the board of directors.
A company spokesman declined to give specifics on when the decision was reached. [More from MPR News]
Help inform MPR News coverage of Target by adding your responses below, or join a live conversation now: Has your view of Target changed after the data breach?
These sources have given permission to publish their responses. We moderate and reserve the right to edit responses (e.g. for spelling, grammar, length, relevance). If you have questions or concerns, please contact email@example.com