Target’s Ouster of CEO a Sign of Strength

Tuesday, 06 May 2014 | by Pat's Picks

Minneapolis Star Tribune columnist Lee Schafer says the departure of Target CEO Gregg Steinhafel is not a sign of how troubled the company is, but rather how healthy it is. Schafer says holding executives accountable has always been one of the reasons for Target’s success. He says it’s quite rare for CEOs of S&P 500 companies to be forced out. Schafer says that beyond the consumer data breach, there were other issues under Steinhafel’s watch.

SOURCE: Minneapolis Star Tribune