29 July 2015

Target chief information officer quits

05 March 2014  |  4406 views  |  0 Target CIO Beth Jacob

Target chief information officer Beth Jacob has become the latest victim of the massive card data breach at the beleaguered US retailer, resigning her position with immediate effect Wednesday.

In a statement released to the Associated Press, Target's President and CEO Gregg Steinhafel says the company will search for an interim chief information officer as its overhauls its information security and compliance division.

Target has hired Promontory Financial Group to help it evaluate its technology structure, processes and talent.

The company is also searching for a new chief information security officer and chief compliance officer.

In its Q4 results statement at the end of February, Target warned that the pre-Christmas breach at the firm - which exposed the card details of over 100 million shoppers - may have a material adverse effect on Target's results in first quarter and full-year 2014 and "future periods".
KeywordsPEOPLE

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

07 February, 2014
05 February, 2014
21 January, 2014
16 January, 2014
10 January, 2014
19 December, 2013
Your browser is unable to support Flash files.


Top topics

Most viewed Most shared
Visa confirms Visa Europe acquisition talk...
8970 views comments | 16 tweets | 22 linkedin
Santander unveils 'cash kitty' app
7775 views comments | 24 tweets | 26 linkedin
Square reportedly files for IPO
6304 views comments | 16 tweets | 13 linkedin
Banks lag manufacturers and telcos in race...
6036 views comments | 27 tweets | 13 linkedin
Wells Fargo creates innovation group
5772 views comments | 15 tweets | 9 linkedin

Featured job

up to £95K base, £190K OTE, benefits
London, UK

Find your next job