Gregg Steinhafel

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Target CEO Exits After Giant Hack

CFO temporarily takes over for Gregg Steinhafel

(Newser) - Target's CEO is leaving his post after a hack of its systems saw 70 million customers' personal information stolen over the holidays. Gregg Steinhafel, who has been with the company for 35 years, is resigning immediately. He will be replaced, for the time being, by chief financial officer John... More »

Target Still Backing Anti-Gay Politicians

Money kept flowing after CEO's apology

(Newser) - Target continued to donate to anti-gay politicians after its CEO apologized for doing so and promised to investigate the retailer's political donation policy, an investigation by The Awl finds. A few politicians who support gay equality also received relatively small donations, but October filings with the Federal Election Commission show... More »

Target CEO to Step Down

With sales lagging, retiring Ulrich will give way to president Steinhafel

(Newser) - Target CEO Bob Ulrich, 65, will retire May 1, to be replaced by the president Gregg Steinhafel, the Wall Street Journal reports. Though Target almost tripled sales during Ulrich's 13-year tenure, it's recently had a run of weak sales. "Our board and I have great confidence in Gregg as... More »

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