> Target’s chairman and chief executive officer, Gregg Steinhafel, a 35-year company veteran, is stepping down, as the massive pre-Christmas data breach suffered by the Minnesota retailer continues to roil the company. The decision is effective immediately, according to a statement posted today on the company’s website. John Mulligan, Target’s chief financial officer, has been appointed as interim president and CEO.

http://www.bloomberg.com/news/articles/2014-05-05/as-data-br...