Embattled Equifax CEO Richard Smith stepped down Tuesday, less than three weeks after the credit reporting agency disclosed a disastrous hack to its computer system that exposed the sensitive personal information of 143 million Americans. Equifax called his departure a retirement, but he will not receive his annual bonus and other potential retirement-related benefits until the company's board concludes an independent review of the data breach. Equifax said it will look both inside and outside the company for a permanent CEO. The company's stock has lost about a quarter of its value — a $4.4 billion setback. The jobs of other Equifax executives could still be in jeopardy.

Source: ABC News September 26, 2017 15:07 UTC