May 5, 2014 in History


Target CEO Gregg Steinhafel has resigned in the wake of security breaches late last year in which customer data was stolen; the company will be run by John Mulligan, the company's Chief Financial Officer, until a new president is identified

More Notable Events on May 5:
1988 Eugene Marino installed as 1st black U.S. archbishop
1987 Congress begins Iran-Contra hearings
1979 Voyager 1 passes Jupiter
1955 West Germany granted full sovereignty by 3 occupying powers
1944 Gandhi freed from prison
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