MINNEAPOLIS, June 25,
2024 /PRNewswire/ -- Target Corporation (NYSE:
TGT) today announced it has named Christina Hennington, currently chief growth
officer, as chief strategy and growth officer, and Rick Gomez, currently chief food, essentials
and beauty officer, as chief commercial officer, overseeing
Target's merchandising business, both effective July 7. Lisa
Roath, Target's chief marketing officer, will take on
the role of chief merchandising officer of food, essentials and
beauty in early 2025. The company is initiating an external search
for its next chief marketing officer and, until a successor is
named, Roath will remain in full capacity as chief marketing
officer.
"As we execute our 2024 plans and look to the future, we're
putting key leaders and capabilities in place to sustain profitable
growth over the long term. Today's announcement builds on our
January appointment of Michael
Fiddelke to chief operating officer and will
further accelerate progress on our growth initiatives," said
Brian Cornell, chair and CEO.
"As Rick takes on full oversight of merchandising, Christina will
be dedicated to keeping our strategy consumer-centric,
differentiated and future-focused. Lisa will be an important
addition to Rick's leadership team when she moves into her new role
in 2025, bringing her prior experience and accomplishments leading
our food and essentials businesses. In the meantime, we'll conduct
a thorough search for a top brand marketer to succeed Lisa and
build on our strong marketing foundation."
As chief strategy and growth officer, Hennington will work
closely with Cornell, Fiddelke and the rest of Target's leadership
team to build on the retailer's roadmap for growth, ensuring the
strategy remains relevant and differentiated as the company plans
into its next growth horizon. Hennington and her team also will
play a critical role in supporting the organization as it continues
to evolve and modernize how it operates, including harnessing the
role of technology and generative AI to enhance the working and
shopping experience at Target. Additionally, Hennington will be
responsible for further strengthening relationships with Target's
strategic partners and identifying new partnerships that will
differentiate and drive the retailer's business. Hennington will
continue to report to Cornell.
Hennington joined Target in 2003 and was named to its leadership
team in 2020. During that time, she has led large, complex business
areas across the company, including overseeing its multicategory
merchandising business, which during her leadership generated more
than $30 billion in growth. She also
has spearheaded a variety of transformative initiatives for the
retailer, including the sale of its pharmacy business to CVS and
its industry-leading partnership with Ulta Beauty.
As chief commercial officer, Gomez will have full oversight of
Target's merchandising business, including its apparel and
accessories, home, hardlines, food, essentials and beauty product
categories, owned brand sourcing and design and merchandising
planning and capabilities. Under Gomez's leadership, Target will
continue to lean into its well-established authority in
merchandising, flexing its multicategory assortment to meet the
evolving wants and needs of current and prospective guests with
speed and agility across its commercial businesses. Gomez will
report to Cornell.
Gomez joined Target in 2013 and was named to the leadership team
in 2017. Throughout his tenure at Target, he has had a significant
impact on its business and brand. He played a critical role in
Target's strategy reset in 2017 and the launch of its Roundel
advertising business in 2019. As chief food, essentials and beauty
officer, Gomez and his team successfully repositioned Target as a
leading destination for food, with industry-leading growth across
popular owned brands including Good & Gather and Favorite
Day.
Early next year, Roath will take on the role of the retailer's
chief merchandising officer of food, essentials and beauty. In that
role, Roath will report to Gomez. Until that time, Roath will
remain in full capacity as Target's chief marketing officer and
will continue to report to Cara
Sylvester, Target's chief guest experience
officer.
Since stepping into her role as chief marketing officer in 2023,
Roath has led successful campaigns featuring the "Target Lady" and
"That Target Feeling." Roath joined Target in 2006 and has held
various leadership positions across the company, including senior
vice president of food and beverage merchandising and vice
president of essentials merchandising. She played a lead role in
the design and rollout of a large-scale transformation of Target's
merchandising organization, as well as the establishment of the
retailer's price and promotions center of excellence.
About Target
Minneapolis-based Target Corporation (NYSE:
TGT) serves guests at nearly 2,000 stores and at Target.com, with
the purpose of helping all families discover the joy of everyday
life. Since 1946, Target has given 5% of its profit to communities,
which today equals millions of dollars a week. Additional company
information can be found by visiting the corporate website and
press center.
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SOURCE Target Corporation