Target Names Mike McNamara New CIO

By Angela Chen 

Target Corp. has named Mike McNamara chief information officer, replacing the data-security veteran brought in last May to guide the company after a disastrous data breach in 2013.

The departing CIO, Bob DeRodes, joined Target after holding various positions in the U.S. Department of Homeland Security and Department of Defense. He was tasked with shoring up the company's digital practices, and will now briefly serve in a senior advisory before retiring.

Mr. McNamara was chief information officer at the U.K.-based supermarket chain Tesco PLC. At Tesco, he introduced "scan-as-you-shop" capabilities and headed the chain's technology office in India.

Target's data breach in late 2013 compromised personal information affecting up to 70 million people and was one of the challenges that forced out former chief executive Gregg Steinhafel last May. In July, Target named PepsiCo. Inc. executive Brian Cornell as its new chief executive, turning to an outsider for the first time in its history.

Earlier this month, the company said it would exit its money-losing operations in Canada to focus on reviving its sluggish U.S. businesses.

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