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Equifax CEO Richard Smith is finally resigning

The board of directors thanked Richard Smith “for his 12 years of leadership” as Smith showed himself the door while he reminded the 140,000,000 Americans whose lives he’d destroyed through insanely lax security and months of shambolic inaction that “I have been completely dedicated to making this right.”


It’s not clear whether Smith will still show up to give testimony to Congress on October 4.


The board doesn’t have a new CEO lined up, but is giving Paulino Barros — head of Equifax’s Asia-Pacific operations — the interim CEO gig while the company decides on the best person to steer the company in the right direction after the embarrassment of the data breach that compromised information for some 143 million people.


Equifax CEO Resigns Following Massive Data Breach [Chris Morran/Consumerist]

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