Target Names New CIO to Oversee Technology, Security

Target, which is recovering from a massive data breach, on Tuesday named high-profile information technology consultant Bob DeRodes as chief information officer. The discount retailer's previous CIO resigned in March, several months after the data breach, which included the theft of about 40 million credit and debit card records and 70 million other records of customer details late last year. DeRodes has been a senior information technology advisor for the U.S. Department of Homeland Security, the U.S. Secretary of Defense and the U.S. Department of Justice.