Equifax CEO Richard Smith announced his voluntary retirement yesterday, two months after the catastrophic breach that permanently leaked 140,000,000 Americans’ most compromising financial data.
Today, we learn what his exit package amounts to: $90,000,000.
Equifax (EFX, +0.43%) said Tuesday that as a condition of Smith’s retirement, he “irrevocably” forfeits anyRead More
The board of directors thanked Richard Smith “for his 12 years of leadership” as Smith showed himself the door while he reminded the 140,000,000 Americans whose lives he’d destroyed through insanely lax security and months of shambolic inaction that “I have been completely dedicated to making this right.”
It’s not clear whether SmithRead More
One week after announcing the worst breach in American history, and days after it was revealed that the breach had been caused by simple negligence, Equifax has announced the “retirement” of its Chief Information Officer, David Webb, and Chief Security Officer, Susan Mauldin, though “the company’s review of the facts is still ongoing.”