Minneapolis — Target Corporation has made a number of changes across its leadership team to position Target for success in 2025 and beyond.
Mark Schindele, executive vice president and chief stores officer, will be retiring after 25 years with Target. Adrienne Costanzo, senior vice president, store operations, will be Target’s next chief stores officer.
Since joining the company in 1999, Schindele has served in multiple roles spanning merchandising and operations. Over the past 5 years as chief stores officer, he led the stores organization through the pandemic and during the largest period of growth in the company’s history, improving retail fundamentals and the guest experience. To support a smooth transition, Schindele will move into a strategic advisor role Feb. 2 and retire effective March 29.
Costanzo will succeed Schindele as executive vice president, chief stores officer. In this role, effective Feb. 2, she will lead more than 350,000 store team members and oversee the operations of the company’s nearly 2,000 locations across the United States. Costanzo has more than 20 years of experience leading teams and driving business results across Target’s stores, human resources and merchandising functions. She will report to Michael Fiddelke, executive vice president and chief operating officer, and join Target’s leadership team.
Also effective Feb. 2, the company announced additional transitions to continue powering its strategic priorities with proven leaders who bring considerable industry experience to these new posts.
Brett Craig, executive vice president and chief information officer, will retire after 15 years at Target. In addition to various positions in technology, Craig held roles in merchandising and digital before leading the technology team. With his departure, Prat Vemana, executive vice president, chief digital and product officer, will take on the role of chief information and product officer and remain on the leadership team. This change will usher in new leadership to further strengthen the role technology plays in Target’s strategy, including the company’s operations.
Since joining Target in 2022, Vemana has redesigned the company’s digital platforms and capabilities, enhancing the digital shopping experience and resulting in strong growth. As chief information and product officer, Vemana will accelerate the company’s technology strategy with a focus on furthering the use of automation, data and artificial intelligence to enhance the working and shopping experience. In addition to overseeing Target’s technology roadmap, Vemana will continue to lead the company’s user experience strategy and enterprise product function to speed development of technology solutions that deliver a fast, reliable and inspiring experience for consumers and the Target team.
Sarah Travis, senior vice president, Roundel and social commerce, will be promoted to executive vice president and chief digital and revenue officer and join the leadership team. Travis is an accomplished leader who has significantly grown the retailer’s in-house media company, Roundel, putting it on pace to deliver nearly $2 billion in value to Target in fiscal 2024. Her new role brings together the growing power of Target’s e-commerce business with other revenue drivers — including Roundel and the company’s social commerce efforts that inspire consumers to shop Target on new platforms — to fuel each other’s success and growth.
“These leadership updates will help us continue to deliver a differentiated shopping experience every day across every channel,” says Brian Cornell, chair and chief executive officer, Target. “I want to thank Mark and Brett for the notable contributions they’ve made during their long tenures with the company and wish them both well in their retirements. Adrienne, Prat and Sarah all bring tremendous retail expertise to their roles and Target’s leadership team as we accelerate Target’s strategy.”
Minneapolis-based Target Corporation has nearly 2,000 stores.
SOURCE: Target Corporation