Target's CEO Steps Down

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In the continued fallout from their huge security breach over the holidays, Target announced that CEO Gregg Steinhafel will leave the company immediately. He had spent 35 years with the brand, and six as CEO. CFO John Mulligan will fill in for the interim as the brand starts their search.

Wow: Target's CEO to Step Down, Effective Immediately | Racked

(Image credits: via A Bullseye View)

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Tara is Apartment Therapy's Assistant Editor & Social Media Manager. When not living in 140 characters, you'll find her thrift shopping around Boston, canning, and Instagramming photos of cats.