Target's decision to remove C.E.O. rattles investors

Target Corp's decision to oust Gregg Steinhafel as chairman and chief executive some five months after a massive data breach has triggered concerns the No. 3 U.S. retailer might have even more bad news for investors. The board of directors removed Steinhafel on Monday, saying it wants new leadership to help restore consumer confidence in the No. 2 U.S. discount retailer.
Background:
Target's decision to remove CEO rattles investors [Reuters]
Target shares drop after C.E.O. Gregg Steinhafel's resignation [Forbes]