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Gregg Steinhafel

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  • Supervalu becomes latest to suffer data breach Friday, 15 Aug 2014 | 6:45 AM ET

    NEW YORK— A data breach at Supervalu may have impacted as many as 200 of its grocery and liquor stores and potentially affected retail chains recently sold by the company in two dozen states.

  • UPDATE 4-Target names outsider as CEO after data breach Thursday, 31 Jul 2014 | 1:42 PM ET

    *Target appoints Pepsi executive Brian Cornell as CEO. July 31- Beleaguered retailer Target Corp named former PepsiCo and Wal-Mart executive Brian Cornell as CEO and chairman as it tries to regain customer confidence following a devastating data breach last year that hit earnings. Cornell, the first outsider to lead Target, has his work cut out.

  • July 31- Target Corp appointed PepsiCo Inc executive Brian Cornell as CEO as it tries to regain customer confidence after a devastating data breach last holiday season. Cornell resigned earlier this week as head of PepsiCo's Americas Foods business, which makes Quaker Oats and Frito Lay chips.

  • July 31- Target Corp is hiring PepsiCo Inc executive Brian Cornell as its new chief executive, the Wall Street Journal reported. Cornell, who has spent nearly a decade at PepsiCo, was a contender to succeed PepsiCo CEO Indra Nooyi, the Journal said.

  • June 10- Retailer Target Corp, recovering from a massive data breach, named General Motors Co executive Brad Maiorino to the newly created position of chief information security officer. The theft of more than 90 million credit card details over about 18 months was uncovered in 2007 at TJX Cos Inc, operator of the T.J.

  • *Hackers stealing huge volumes of customer data. WASHINGTON, June 9- With hackers stealing tens of millions of customer details in recent months, firms across the globe are ratcheting up IT security and nervously wondering which of them is next.

  • JPMorgan Chase& Co, PepsiCo Inc, Cardinal Health Inc, Deere& Co and The United Services Automobile Association are among the Fortune 500 companies seeking chief information security officers and other security personnel to shore up their cyber defenses, according to people with knowledge of the matter.

  • May 28- Proxy advisory firm Institutional Shareholder Services has recommended that Target Corp shareholders vote against seven of the company's 10 directors, saying the board failed to manage risks that led to a massive data breach.

  • May 21- Target Corp reported a 16 percent drop in first-quarter profit but showed some signs of progress in its efforts to rebuild customer confidence in the wake of a massive theft of payment card data and a botched expansion into Canada.

  • May 21- Target Corp reported a 16 percent drop in first-quarter profit but showed signs of progress in its efforts to rebuild customer confidence in the wake of a massive theft of payment card data and a botched expansion into Canada.

  • May 21- Target Corp reported a 16 percent drop in quarterly profit but showed signs of progress in its efforts to rebuild customer confidence in the wake of a massive theft of payment card data in the United States and a botched expansion into Canada.

  • TORONTO, May 21- A pink Barbie-branded SUV that seats two toddlers offers a surprising glimpse into the myriad problems that jammed up Target Corp's supply chain when it set up shop in Canada, and the challenge facing Target's new Canadian head.

  • *Target replaces Canadian president with 15- year U.S. veteran. *Target to announce 1st- qtr financial results on Wednesday. Some analysts said that Target needs to look beyond its ranks to address profound problems in Canada, which lost $941 million before interest and taxes last year, while generating $1.3 billion in sales.

  • TORONTO, May 20- Target Corp replaced the head of its troubled Canadian operations on Tuesday, two weeks after ousting Chief Executive Officer and Chairman Gregg Steinhafel. Target said Schindele had played an integral role in launching several new store formats, including PFresh, CityTarget and Target Express.

  • WASHINGTON, May 16- After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their complacency.

  • TORONTO, May 8- Target Stores Inc's problems in Canada may have started with its first step: deciding to occupy the premises of a failed discount chain that didn't have the panache Canadians anticipated they would find in a retailer renowned for its "cheap chic."

  • TORONTO, May 8- Target Stores Inc's problems in Canada may have started with its first step: deciding to occupy the premises of a failed discount chain that didn't have the panache Canadians anticipated they would find in a retailer renowned for its "cheap chic."

  • May 7- A man arrested by Texas police over his alleged involvement in the devastating data breach at No. 3 U.S. retail chain Target Corp last year was in fact picked up in a "street-level arrest" unrelated to a broader federal investigation into the matter, a law enforcement official told Reuters.

  • SAN FRANCISCO, May 7- Texas police have arrested a man named Guo Xing Chen they say is linked to the devastating data breach at No. 3 U.S. retail chain Target Corp last year, USA Today cited a state criminal complaint as saying on Wednesday.

  • BOSTON, May 6- Target Corp interim Chief Executive John Mulligan said he is not interested in becoming the company's permanent chief executive. He made the comment in an interview with Reuters on Tuesday, a day after the board the announced the immediate departure of CEO and Chairman Gregg Steinhafel following last year's devastating data breach.