Target CEO

Target CEO

In this Tuesday, March 25, 2014 photo, a sign outside a Target store in Philadelphia is shown. Target said Monday, May 5, 2014, that Chairman, President and CEO Gregg 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/Matt Rourke)

In this Tuesday, March 25, 2014 photo, a sign outside a Target store in Philadelphia is shown. Target said Monday, May 5, 2014, that Chairman, President and CEO Gregg 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/Matt Rourke)

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