Equifax is looking for new leadership after its CEO announced his abrupt retirement effective today. The news comes just weeks after the credit bureau announced a massive security breach that's affected 143 million Americans. Equifax says Smith will serve as an unpaid adviser to Equifax to assist in the transition. Smith is still scheduled to testify before Congress to answer questions about the handling of the hack, according to an Equifax spokesperson. Shares of Equifax are down over 25% since the initial announcement of the breach, and down 2% today.

Source: Forbes September 26, 2017 13:47 UTC