Target Corp.'s chief risk and compliance officer, Jackie Rice, one of a number of leaders hired in the wake of the retailer's 2013 data breach, is leaving the company.
Target's chief risk and compliance officer is leaving
Rice was one of the first people brought to the company by Cornell.
September 2, 2017 at 2:37AM
Target said Rice made a "personal decision to leave Target to be closer to her family who live outside Minnesota."
Rice's team of about 60 people will report directly to chief legal officer Don Liu, who has a background in risk compliance. The company does not plan to replace her.
Her departure is the latest among a string at Target that, in the last year, have included its chief digital officer, head of grocery operations and its leader of innovation and strategy.
She came from General Motors, where she had worked for 17 years. Her family continued to live in Michigan and she commuted back and forth.
While her position was not new at Target, it was elevated at the time to a C-Suite position that reported directly to Cornell as he focused on bolstering security while the company still coped with the aftermath of the 2013 data breach.
At the time, Target also created for the first time a chief information security officer position, which initially was filled by Brad Maiorino. He left the company earlier this year and Rich Agostino was promoted to succeed him.
Earlier this year, Target reshuffled the chain of command so that Rice reported to Liu instead of Cornell. Her departure is effective Sept. 30.
"We are extremely thankful for the work Jackie led in the past three years to strengthen our risk and compliance efforts," Target said in a statement. "Her contributions will continue to serve Target well now and in the future."
Kavita Kumar • 612-673-4113
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