The full extent of Equifax’s recently revealed, massive data breach isn’t known yet — although 143 million US customers and tens of millions of others globally are thought to be affected — but top executives are already having to answer for the debacle, with two Equifax officers making a sudden exit. [More]
Stepping Down
Sam’s Club CEO Exiting As Company Moves To Win Over Costco Shoppers
By 1.6.17
In recent years, Sam’s Club CEO Rosalind Brewer has led the warehouse store’s efforts to compete for Costco’s more affluent shoppers, but as sales at the Walmart-owned chain remain unremarkable, Brewer will soon retire.
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Neiman Marcus CEO Denies Reports She’s Stepping Down
By 8.3.16
There have been several rumors circulating in the retail world recently when it comes to Neiman Marcus: the company is looking for a buyer, or that Karen Katz, the retailer’s top executive, is headed for the exit. However, Katz has publicly declared that, contrary to the whispers, she’s not going anywhere. [More]
Volkswagen U.S. CEO Steps Down Amid Emissions Scandal
By 3.10.16
Six months after Volkswagen admitted to using “defeat device” technology to skirt emissions tests on its so-called “clean diesel” cars, the carmaker’s U.S. chief has stepped down.
Volkswagen CEO Resigns Amid Emissions Violation Scandal
By 9.23.15
Less than a week after the Environmental Protection Agency ordered Volkswagen to recall nearly 500,000 vehicles equipped with software that tricked emissions tests, the company’s CEO announced he would resign. [More]
Office Of Personnel Management Director Steps Down Following Massive Data Breach Affecting 21M People
By 7.10.15
Yesterday, the Office of Personnel Management – essentially the federal government’s giant human resources office – announced that 21 million current and former employees, as well as prospective employees, their families and others who applied for federal background investigations in the last 15 years were the latest victims of hackers. Today, the head of that agency announced she would no longer be leading the department. [More]
Honda President, Chief Officer Out Following Record Fine And Reporting Issues
By 2.23.15
Following a number of issues including a record $70 million fine from the National Highway Traffic Safety Administration for reporting inaccuracies and the recall of millions of vehicles, Honda announced a shakeup of its top office. [More]
