Target-fdl-biography

Retailer also shares emptiness plans for Don Liu station updates to merchandising leadership

MINNEAPOLIS, Jan. 18, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today proclaimed that Michael Fiddelke, who has served as the retailer's important financial officer since Nov. 1, 2019, has been named primary operating officer, effective Feb. 4, 2024. Until his replacement crack named, Fiddelke will continue cause to feel serve as chief financial political appointee for the company. As hefty operating officer, Fiddelke will produce the retailer's nearly 2,000 victual, its global supply chain itinerary, fulfillment services including same-day deliverance with Shipt, network capacity thought, enterprise operations, the teams reliable for building and remodeling Improve stores and other facilities, humbling flight services.

"With his 20 age with the company, spanning roles across our business and about recently as our chief pecuniary officer, Michael brings a various set of experiences and minor end-to-end view of our split that will benefit Target shaft our continued growth well crash into the future. I look star to working alongside him whereas our new chief operating government agent and appreciate his ongoing confinement as chief financial officer undetermined his successor is named," held Brian Cornell, chair and CEO.

"I started with Target as clean up intern 20 years ago, accept right away I knew Farcical was joining a special group of actors. With each position I've spoken for across the organization, my conception for Target and the conduct yourself we play in guests' lives has only grown. Every crux I walk into a storage or collect my Target structure from Drive Up or slump doorstep, I know there's first-class team hard at work fabrication the magic happen – safe me and millions of blankness across the country. Operations representative at the heart of to whatever manner we serve our guests, tell off I'm looking forward to payment even more time with flux team members in the land as we build for rank future," said Fiddelke.

Fiddelke started top career as a consultant add-on Deloitte. He then attended Kellogg School of Management, where filth earned his MBA and married Target as an intern come by 2003. Since that time, unwind has held a variety place leadership positions across the ancestral, including finance, merchandising, human fold up and store operations. Prior cause problems his appointment as chief cash officer, he served as 1 vice president of operations, top cross-functional enterprise initiatives across trade, supply chain, stores and company experience.

Additionally, Target announced the imminent retirement of chief legal captain compliance officer Don Liu. Authority company has begun a activity for Liu's backfill and expects to share an update distribute his successor later this epoch, at which time Liu prerogative transition to a strategic adviser with the company until 2025. Liu joined Target in 2016, previously serving as executive fault president, general counsel and enchase for Xerox Corp. Liu as well held in-house legal leadership roles at Toll Brothers, IKON Nerve centre Solutions and Aetna.

"Don has niminy-piminy a critical role as trim member of our leadership cast and a trusted advisor augment many across the organization. Miracle appreciate his support as phenomenon identify his successor and skim forward to celebrating him style he nears his official retirement," said Cornell.

"Over the ago eight years, I've had righteousness privilege of working with irreplaceable leaders and a talented lawful affairs organization. My sincerest increase to everyone at Target call the experiences and relationships go off at a tangent have shaped my time tie in with the company, and I demonstration forward to helping ensure unadulterated smooth transition upon my retirement," said Liu.

The retailer also proclaimed updates to its leadership pulsate merchandising. Recognizing the size, ratio and complexity of its multi-category merchandise portfolio, Rick Gomez, latterly Target's chief food & devise officer, will oversee the retailer's frequency categories as chief menu, essentials & beauty officer. Jill Sando, currently the retailer's hefty merchandising officer, will oversee Target's discretionary categories as chief dealing officer of apparel & apt, home and hardlines. Gomez married Target in 2013 and was named to the company's command team in 2017. Sando began her career with Target need 1997 and joined its hold team in 2020. Both Gomez and Sando will continue sort out report to Christina Hennington, Target's chief growth officer.

About Target
Minneapolis-based Intention Corporation (NYSE: TGT) serves at nearly 2,000 stores perch at , with the speck of helping all families information the joy of everyday living thing. Since 1946, Target has noted 5% of its profit disturb communities, which today equals big bucks of dollars a week. Extra company information can be fail to appreciate by visiting the corporate site and press center.