Target Corp. has made its last major hire as part of an overhaul of its information security and compliance divisions following last year's data breach.
Target makes last hire as part of information security overhaul
New chief risk officer steps in from General Motors.
November 7, 2014 at 2:45AM
On Thursday, the Minneapolis-based retailer appointed Jacqueline Hourigan Rice, a former General Motors executive, to be chief risk and compliance officer and a senior vice president.
She starts Dec. 1 and will report directly to Brian Cornell, Target's chief executive. The company has elevated the position, which previously reported to Target's chief legal officer, to include corporate security and third-party vendor management.
Rice succeeds Ann Scovil, who retired in March as vice president of assurance, risk and compliance.
That same month, Beth Jacob resigned as chief information officer amid the fallout from the data breach in November and December last year, when cyberthieves gained access to the personal and financial information of tens of millions of Target customers.
In April, Bob DeRodes, a former Home Depot executive, came on board as chief information officer.
In June, it filled the chief information security officer position with Brad Maiorino, who like Rice, came to Target from General Motors.
"He and Jackie will have roles that complement one another," said Target spokeswoman Molly Snyder. "They will work together."
But they will have a different boss. Maiorino reports to DeRodes.
Rice was with General Motors for 17 years, most recently as the chief compliance officer.
"Jackie is a proven leader with solid global experience, and I know she has what it takes to help us move forward in this complex and ever-changing environment," Cornell said in a statement.
Kavita Kumar • 612-673-4113
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