Event:
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
