Capping off recent executive shakeups and cybersecurity efforts, Target Corp. announced Tuesday the appointment of a new chief information security officer.
Former GM and GE executive Brad Maiorino was named senior vice president, chief information security officer. He'll be responsible for leading Target's global information security and IT risk organization.
The discount retailer was hit with a massive data breach last year that resulted in lost profits and a tarnished reputation. Target's chief executive and chairman Gregg Steinhafel stepped down last month after the company's board of directors decided it was "the right time for new leadership." He was replaced with chief financial officer John Mulligan as interim chief executive and president.
Target claims that in the months following the 2013 data breach, the company took steps to beef up its information security systems and processes, such as enhancing monitoring, segmentation, logging, and security of accounts and installation of application whitelisting on POS systems.
Maiorino will report to Target CIO Bob DeRodes, who credited the new hire as being one of the nation's top leaders in information security and risk.
"I am looking forward to joining the Target team and helping them continue the progress they have made to be a retail leader in information security and protection," said Maiorino, in prepared remarks. "I am confident that the combination of a strong team and the leadership commitment will enable us to achieve that objective."