Equifax CEO Walks Away with $18 Million After Data Breach Affecting Half the US Occurs on His Watch
Michael Peregrine said the abrupt departure of Equifax’s CEO may be seen as a move by the board to be proactive ahead of an anticipated major grilling by lawmakers about the company’s data breach. « The new standard with boards now is ‘how badly will we look compared to other unnamed CEOs in front of Congress?' » Mr. Peregrine noted.