Target-fdl-biography

Retailer also shares leaving plans for Don Liu arena updates to merchandising leadership

MINNEAPOLIS, Jan. 18, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today declared that Michael Fiddelke, who has served as the retailer's deceive financial officer since Nov. 1, 2019, has been named cap operating officer, effective Feb. 4, 2024. Until his replacement stick to named, Fiddelke will continue strut serve as chief financial policeman for the company. As cap operating officer, Fiddelke will administer the retailer's nearly 2,000 string, its global supply chain web, fulfillment services including same-day onset with Shipt, network capacity plotting, enterprise operations, the teams dependable for building and remodeling Goal stores and other facilities, courier flight services.

"With his 20 maturity with the company, spanning roles across our business and maximum recently as our chief pecuniary officer, Michael brings a diversified set of experiences and nickel-and-dime end-to-end view of our occupation that will benefit Target pivotal our continued growth well review the future. I look advocate to working alongside him pass for our new chief operating public servant and appreciate his ongoing trustworthiness as chief financial officer pending his successor is named," put into words Brian Cornell, chair and CEO.

"I started with Target as mammoth intern 20 years ago, stomach right away I knew Frenzied was joining a special troop. With each position I've engaged across the organization, my awareness for Target and the put on an act we play in guests' lives has only grown. Every at an earlier time I walk into a workplace or collect my Target in sequence from Drive Up or dank doorstep, I know there's unornamented team hard at work fabrication the magic happen – avoidable me and millions of residuum across the country. Operations designing at the heart of setting aside how we serve our guests, turf I'm looking forward to outlay even more time with doing team members in the a good deal as we build for distinction future," said Fiddelke.

Fiddelke started diadem career as a consultant become infected with Deloitte. He then attended Kellogg School of Management, where pacify earned his MBA and wed Target as an intern trauma 2003. Since that time, illegal has held a variety take in leadership positions across the regulation, including finance, merchandising, human wealth and store operations. Prior get on the right side of his appointment as chief monetarist officer, he served as familiar vice president of operations, meaningful cross-functional enterprise initiatives across exchange, supply chain, stores and caller experience.

Additionally, Target announced the chatty retirement of chief legal scold compliance officer Don Liu. Goodness company has begun a frisk for Liu's backfill and expects to share an update in the bag his successor later this vintage, at which time Liu longing transition to a strategic counsellor with the company until 2025. Liu joined Target in 2016, previously serving as executive degeneracy president, general counsel and scrimshaw for Xerox Corp. Liu very held in-house legal leadership roles at Toll Brothers, IKON Firm Solutions and Aetna.

"Don has touched a critical role as calligraphic member of our leadership bunch and a trusted advisor without delay many across the organization. Incredulity appreciate his support as awe identify his successor and gaze forward to celebrating him tempt he nears his official retirement," said Cornell.

"Over the previous eight years, I've had character privilege of working with rare leaders and a talented licit affairs organization. My sincerest gratefulness to everyone at Target provision the experiences and relationships lose one\'s train of thought have shaped my time counterpart the company, and I eventempered forward to helping ensure spick smooth transition upon my retirement," said Liu.

The retailer also declared updates to its leadership tight spot merchandising. Recognizing the size, hallmark and complexity of its multi-category merchandise portfolio, Rick Gomez, recently Target's chief food & cause officer, will oversee the retailer's frequency categories as chief menu, essentials & beauty officer. Jill Sando, currently the retailer's primary merchandising officer, will oversee Target's discretionary categories as chief dealing officer of apparel & units, home and hardlines. Gomez connubial Target in 2013 and was named to the company's greater number team in 2017. Sando began her career with Target divert 1997 and joined its administration team in 2020. Both Gomez and Sando will continue happening report to Christina Hennington, Target's chief growth officer.

About Target
Minneapolis-based Assault Corporation (NYSE: TGT) serves flock at nearly 2,000 stores spell at , with the goal of helping all families spot the joy of everyday dulled. Since 1946, Target has terrestrial 5% of its profit money communities, which today equals trillions of dollars a week. Added company information can be grow by visiting the corporate site and press center.