Minneapolis — Target Corporation has made a series of executive leadership changes under new CEO Michael Fiddelke aimed at accelerating the company’s growth plans.
“It’s the start of a new chapter for Target and we’re moving quickly to take action against our priorities that will drive growth within our business,” says Fiddelke. “These leadership changes align the right talent and expertise with key roles, and simplify our structure so we can advance our strategy with greater speed, clarity and accountability.”
Effective Feb. 15, newly named executive vice presidents will oversee functions reporting directly to the CEO:
• Cara Sylvester has been named chief merchandising officer, having previously served as chief guest experience officer. Sylvester brings deep merchandising expertise, with experience across digital, loyalty and marketing, and a track record of growing revenue, profitability and market share across categories.
• Lisa Roath has been named chief operating officer. Previously chief merchandising officer of food, essentials and beauty, Roath brings expertise leading an end-to-end retail operation, spanning merchandising, supply chain and stores. In her new role, she’ll focus on scaling Target’s style and design focus across the full operation, improving speed, efficiency and execution that elevates the shopping experience.
“Cara and Lisa are proven leaders who deeply know our business and can drive change that delivers results,” says Fiddelke. “As they lead two of our most critical functions, we’ve got the right foundation to make bold, strategic moves and execute our plans for Target’s future.”
As part of these changes, Rick Gomez, chief commercial officer, will depart Target and Jill Sando, chief merchandising officer for apparel and accessories, home and Fun101, will retire. Both will stay on for brief periods to support a smooth transition.
“I’ve worked alongside Rick and Jill for many years, and I’ve seen firsthand the real impact they’ve made on Target during their tenures,” Fiddelke says. “I want to thank Rick for his leadership in service to our team and guests, and congratulate Jill on her retirement after a remarkable 29 years with the company.”
Minneapolis-based Target Corporation serves guests at nearly 2,000 stores and at www.Target.com.
SOURCE: Target Corporation