Equifax CEO Abruptly Retires Following Data Breach
Richard Smith, CEO and Chairman of Equifax, retired suddenly Tuesday following the credit-reporting service’s data breach affecting the personal information of 143 million people.
According to statement from the company’s board, the retirement is effective today. 57-year old Smith became chairman and CEO in 2005 following a 22-year tenure at General Electric in senior roles. He is schedule to appear at a hearing of the Senate Banking Committee next month, according to CNBC.