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image: Noah Berger/Bloomberg via Getty Images

After huge Equifax breach, CEO “retires”

September 26, 2017

In the wake of a stunning security breach that has sent shock waves throughout the financial world, Equifax’s CEO, Richard Smith, has stepped down from his post.

According to a Tuesday press release, Smith’s “retirement” is effective today. The company’s board of directors have already appointed Mark Feidler, a board member, to serve as non-executive chairman. Equifax officials also named Paulino do Rego Barros, Jr., who has been president of the Asia Pacific division of the company, to step in as interim CEO.

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