Gregg Steinhafel

Gregg Steinhafel

This undated file photo provided by Target Corp. shows the company’s chairman, president and CEO Gregg Steinhafel. Target said Monday, May 5, 2014, that Steinhafel is out, nearly five months after the retailer disclosed a massive data breach that hurt its reputation. The nation’s third-largest retailer says Steinhafel has agreed to step down as the company’s chairman, president and CEO, effective immediately. He also has resigned from its board of directors. (AP Photo/Target Corp., Johansen Krause, File)

FILE – This undated file photo provided by Target Corp. shows the company’s chairman, president and CEO Gregg Steinhafel. Target said Monday, May 5, 2014, that Steinhafel is out, nearly five months after the retailer disclosed a massive data breach that hurt its reputation. The nation’s third-largest retailer says Steinhafel has agreed to step down as the company’s chairman, president and CEO, effective immediately. He also has resigned from its board of directors. (AP Photo/Target Corp., Johansen Krause, File)

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