Total payout for 17,600 Canadian Target workers roughly the same as ex-CEO’s


On first blush, Target’s 16-week severance package to its 17,600 Canadian workers sounds fairly generous. That is, until you compare it to what former CEO Gregg Steinhafel got last May.

The Minneapolis retailer fired Steinhafel last May, six months after a data breach affecting up to 110 million customers occurred under his watch. Though investor activists succeeded in cutting Steinhafel’s “golden handshake,” Fortune reported that the ex-CEO’s total payout was $61 million

Flash forward to Jan. 15. As Target …

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Via: Mashable: Business

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