Canada woes, breach seen as cause for Target CEO’s exit

http://en.wikipedia.org/wiki/Target_Corporation

Target CEO Gregg Steinhafel’s resignation Monday as president, CEO and chairman of the Board of the company likely isn’t a sign that boards of directors are now holding chief executives accountable for massive data breaches.

While some observers quickly linked Steinhafel’s exit with the breach, his departure likely has more to do with Target’s botched expansion in Canada, analysts said.

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Story added 6. May 2014, content source with full text you can find at link above.