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Target elects George S Barrett to board of directors

13 Nov '18
2 min read

Target Corporation, the second-largest department store retailer in the US, has elected George S Barrett to its board of directors, effective November 5, 2018. Barrett has previously worked as the chairman and CEO of Cardinal Health, a global integrated healthcare services and products company, lastly serving as the executive chairman until November 2018.

During Barrett’s tenure, Cardinal Health grew to rank 15 on the Fortune 500, with 50,000 people in 60 countries and with annual revenue of more than $130 billion. Under his leadership, the company received a number of accolades, including Fortune’s World’s Most Admired Companies, Forbes America’s Best Employers, The Drucker Institute’s list of top companies for corporate social responsibility, the National Association for Female Executives’ Top Companies for Executive Women, Chief Executive Magazine’s Top Companies for Talent Development, and a host of awards for its public health and philanthropic activities.

Prior to joining Cardinal Health, Barrett spent a decade at global pharmaceutical manufacturer Teva Pharmaceutical Industries, serving in a variety of leadership positions including president and CEO of its North American business and corporate executive vice president for global pharmaceuticals. Barrett has been active in public, civic and community leadership. He serves as a director for the Federal Reserve Bank of Cleveland, chairman of the Healthcare Leadership Council, vice chairman of The Conference Board and a trustee of the Committee for Economic Development. He also serves on the board of directors for Brown University, Nationwide Children’s Hospital, the Columbus Partnership, the Rock and Roll Hall of Fame and the Columbus Foundation.

“George brings to Target’s board a wealth of experience at the helm of global organisations in a complex industry that’s weathered almost constant change. He has proven success as both a manufacturer and a service provider, a strong reputation for creating dynamic workplaces that attract and retain great talent and a tremendous passion for the people he serves. George’s expertise will offer a valuable perspective as we look ahead to scaling our full slate of strategic initiatives in 2019 and beyond,” Brian Cornell, chairman and CEO of Target, said in a press release. (PC)

Fibre2Fashion News Desk – India

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