EquiHaX CEO Out
Well it has been a somewhat quiet week concerning Equihax, I mean Equifax. However, today it has been reported that the CEO has suddenly "retired". The first thing that Equifax has done right thus far in my opinion. Finally signally that not only is this an "IT" problem, but a business problem. To me this is owning up to the fact that there were failures outside of the CISO and CIO reporting chain.
Comments
He got his pay out last month (while the media distracted from the real story)
Equifax execs sold stock before hack was disclosed - Sep. 8, 2017
He wasnt one of the three who sold shares before announcing... that was CFO who is still (for now at least) employed.
I have read 4 or 5 different articles on his step down and they all say he did not receive his annual bonus... don't know what his 'out to pasture' payment was, I'm sure it will be in their next SEC filing though
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