Equifax CEO Richard Smith is out after stunning data breach - News Summed Up

Equifax CEO Richard Smith is out after stunning data breach


Equifax CEO Richard Smith is out after the company's embarrassing data breach and botched response. Related: How the Equifax data breach happenedEquifax learned of the hack in late July but only disclosed it September 7. Mark Feidler, an Equifax board member, was tapped to take over as the company's non-executive chairman. Equifax stock fell 1% further on Tuesday after the management shake-up. Just since the start of 2016, Smith has netted $68.9 million by selling Equifax stock, a CNNMoney analysis found.


Source: CNN September 26, 2017 13:11 UTC



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