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Target seeks new CIO after data breach

The new executive will help revamp Targets information-security and compliance operations.

By Renee Dudley | Updated on March 05, 2014

March 5 (Bloomberg) — Target Corp., still reeling from a security breach that exposed the personal information of tens of millions of customers, is seeking a new top technology executive as part of an overhaul of its operations.

The company is searching externally for a candidate to replace Beth Jacob, who had held the chief information officer post since 2008. The new executive will help revamp Target’s information-security and compliance operations, Chief Executive Officer Gregg Steinhafel said today in an e-mailed statement. Promontory Financial Group will advise on the overhaul, he said.

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