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Message
Equifax CEO Out After Major Breach
Posted on 9/26/17 at 9:41 am
Posted on 9/26/17 at 9:41 am
quote:
Richard Smith's departure is effective immediately, though he will be an 'unpaid adviser' during the search for a new CEO.
quote:
"The cybersecurity incident has affected millions of consumers, and I have been completely dedicated to making this right. At this critical juncture, I believe it is in the best interests of the company to have new leadership to move the company forward," Smith said in a statement.
quote:
Smith's departure is effective immediately, though he will be an "unpaid adviser" during the search for a new CEO. Until then, Paulino do Rego Barros, Jr., previously President of Asia Pacific for Equifax, will be interim CEO, while current board member Mark Feidler will become non-Executive Chairman.
Full Story - PC World
It will be interesting to hear what his golden parachute amount will be ...
8
Posted on 9/26/17 at 9:42 am to Will Cover
Was he one of those that sold his stock before the news hit
Posted on 9/26/17 at 9:43 am to shotcaller1
Wouldn't you?
Posted on 9/26/17 at 9:45 am to Will Cover
I was just telling a buddy that I really hope they let Paulino do Rego Barros, Jr clean this thing up.
Posted on 9/26/17 at 9:48 am to Will Cover
quote:
Equifax CEO Out After Major Breach
Should be out in handcuffs.
Posted on 9/26/17 at 9:51 am to member12
Cant believe the CFO is still employed, was one of the ones dumping shares.
Posted on 9/26/17 at 9:52 am to Will Cover
What about the head of cyber-security with the music education degrees?
Posted on 9/26/17 at 9:53 am to Will Cover
Not really news. CEO's are fungible.
Posted on 9/26/17 at 10:19 am to Will Cover
I wonder if his golden parachute will help him land safely?
Posted on 9/26/17 at 10:21 am to Wtodd
I still have not received a solid answer on this since my info was part of it:
Do I take the Equifax deal with the protection?
Do I freeze my credit and ride it out hoping for a legal settlement?
Do I take the Equifax deal with the protection?
Do I freeze my credit and ride it out hoping for a legal settlement?
Posted on 9/26/17 at 10:25 am to NickyT
I'd just go ahead and get protection. You're not likely to ever see any money
Posted on 9/26/17 at 10:26 am to SEClint
Nope. Asking for big trouble if you do.
Posted on 9/26/17 at 10:26 am to NickyT
Class Action lawsuits only make the attorneys money.
Posted on 9/26/17 at 10:35 am to NickyT
quote:
I still have not received a solid answer on this since my info was part of it:
Do I take the Equifax deal with the protection?
Do I freeze my credit and ride it out hoping for a legal settlement?
I have always assumed China and Russia already had my information. Contact your home insurance company and get a rider added for Credit Fraud. Very cheap. Then just monitor your Credit Report monthly. Credit Karma is free. A freeze, etc is short term. Everyone needs to get a plan together and operate under the assumption that your information is out there.
Posted on 9/26/17 at 10:35 am to Will Cover
What will it take for a CEO to get fired? Shareholders need to lay the hammer down on Executive Compensation.
Posted on 9/26/17 at 11:12 am to Will Cover
quote:
though he will be an 'unpaid adviser' during the search for a new CEO
Cuck move?
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