Target Tech Chief Resigns as it Overhauls Security

Target Chief Information Officer Beth Jacob is resigning as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach. Target Chairman, President and CEO Gregg Steinhafel said in a statement released to The Associated Press that the company will search for an interim chief information officer who can help guide the company through the transformation. Jacob had been in her current role since 2008 and oversaw teams in the U.S. and India.