3 Equifax Execs Sold $1.8M in Stock Days After Hack Discovered

By Rob Quinn

September 8, 2017

Days after Equifax discovered a massive security breach affecting 143 million Americans, three senior executives sold off almost $2 million in shares.

The company says it discovered the intrusion, which was only made public Thursday, on July 29. Records show that three days later, Chief Financial Officer John Gamble; Joseph Loughran, chief of US information solutions; and Rodolfo Ploder, president of workforce solutions, sold company shares worth around $1.8 million, Bloomberg reports.

The credit-reporting company says the men "sold a small percentage of their shares" and "had no knowledge that an intrusion had occurred at the time."

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