Target Welcomes Bob DeRodes as its New Chief Information Officer
MINNEAPOLIS, MN
Target is announcing Bob DeRodes as the company's new Chief Information Officer (CIO) and Executive Vice President, according to a press release. The announcement also included details about Target's new "technology transformation" campaign to update its IT security systems.
Bob will be overseeing the Target technology team and operations, with responsibilities that include the ongoing data security enhancement efforts of the company.
"Bob’s history of leading transformational change positions him well to lead our continued breach responses and guide our long-term digital strategy," said Gregg Steinhafel, Chairman, President and CEO of Target.
Bob has more than 40 years of experience and is a recognized leader in information technology, data security, and business operations. He has been a senior information technology advisor for the Center for CIO Leadership, the U.S. Department of Homeland Security, the U.S. Secretary of Defense, and the U.S. Department of Justice.
Bob has also provided independent advisory services to corporations, private equity firms, and boards. He has previously held top technology positions at a number of industry-leading, multinational companies including CitiBank, USAA Federal Savings Bank, First Data, Home Depot and Delta Air Lines. He also serves on the board of directors for NCR Corporation.
"I look forward to helping shape information technology and data security at Target in the days and months ahead," said Bob. "It is clear to me that Target is an organization that is committed to doing whatever it takes to do right by their guests."
Target also announced a $100 million initiative to implement Mastercard's chip-and-PIN security solution in its entire REDcard portfolio, including all Target-branded credit and debit cards. A total of 1,797 US stores will receive new payment terminals by this September.
“Target and MasterCard are taking an important step forward in providing consumers with a secure shopping experience, and the latest in payments technology,” said Chris McWilton, president, North American Markets for MasterCard. “Our focus, together with Target, is on safety and security.”
With all of Target's security initiatives, shoppers should be more confident than ever before.
Target
Target is announcing Bob DeRodes as the company's new Chief Information Officer (CIO) and Executive Vice President, according to a press release. The announcement also included details about Target's new "technology transformation" campaign to update its IT security systems.
Bob will be overseeing the Target technology team and operations, with responsibilities that include the ongoing data security enhancement efforts of the company.
"Bob’s history of leading transformational change positions him well to lead our continued breach responses and guide our long-term digital strategy," said Gregg Steinhafel, Chairman, President and CEO of Target.
Bob has more than 40 years of experience and is a recognized leader in information technology, data security, and business operations. He has been a senior information technology advisor for the Center for CIO Leadership, the U.S. Department of Homeland Security, the U.S. Secretary of Defense, and the U.S. Department of Justice.
Bob has also provided independent advisory services to corporations, private equity firms, and boards. He has previously held top technology positions at a number of industry-leading, multinational companies including CitiBank, USAA Federal Savings Bank, First Data, Home Depot and Delta Air Lines. He also serves on the board of directors for NCR Corporation.
"I look forward to helping shape information technology and data security at Target in the days and months ahead," said Bob. "It is clear to me that Target is an organization that is committed to doing whatever it takes to do right by their guests."
Target also announced a $100 million initiative to implement Mastercard's chip-and-PIN security solution in its entire REDcard portfolio, including all Target-branded credit and debit cards. A total of 1,797 US stores will receive new payment terminals by this September.
“Target and MasterCard are taking an important step forward in providing consumers with a secure shopping experience, and the latest in payments technology,” said Chris McWilton, president, North American Markets for MasterCard. “Our focus, together with Target, is on safety and security.”
With all of Target's security initiatives, shoppers should be more confident than ever before.
Target
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