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Target announces executive leadership changes

24 Feb '21
4 min read
Pic: Shutterstock
Pic: Shutterstock

Target has announced a number of changes across its executive leadership team, further positioning the company for growth. Target is a general merchandise retailer with stores in all 50 US states and the District of Columbia. The company, headquartered in Minneapolis, is the eighth-largest retailer in the US and it is a component of the S&P 500 Index.
 
Christina Hennington has been named executive vice president and chief growth officer. Hennington joined Target in 2003. She was instrumental in the retailer’s efforts to modernise its merchandising organisation, leading the industry by blending its physical and digital buying functions. In her newly created role, Hennington will have oversight of merchandising, including Target’s best-in-class product design and global sourcing organisations, as well as enterprise strategy, insights, and innovation. As chief growth officer, she will work across Target’s organisation to identify and pursue revenue-generating strategies that deepen the company’s relevancy with current and prospective guests, and reinforce its stronghold as a leading US retailer. 
 
With Hennington stepping into this new role, Jill Sando will now lead buying for all of Target’s hardlines and softlines product categories, as the company’s executive vice president and chief merchandising officer. Sando, who joined Target in 1997, has established herself as one of the industry’s most skilled merchants, known for her eye for trend, curation and anticipating guests’ needs across Target’s multi-category assortment. Sando will report to Hennington and remain a member of Target’s executive leadership team, according to a media statement by Target.
 
Rick Gomez has been named executive vice president and chief food and beverage officer. Gomez, who has been with Target since 2013, most recently served as the company’s chief marketing, digital and strategy officer. Gomez will leverage the deep expertise he has developed during his time at Target, combined with more than 20 years managing multi-billion-dollar consumer packaged goods brands with MillerCoors, PepsiCo, and the Quaker Oats company, to further accelerate Target’s food and beverage business. After 15 years with the company, Stephanie Lundquist, Target’s former president of food and beverage, announced her plans to depart the organisation earlier this year. She will remain in an advisory role through spring 2021, Target said.
 
Cara Sylvester has been promoted to executive vice president and chief marketing and digital officer. Sylvester joined Target in 2007. Since that time, she has served in a variety of leadership roles across strategy and merchandising, most recently as senior vice president of home, during which she increased the product category’s digital penetration to a leading position within the company and consistently drove strong sales and market share gains. In her new position, Sylvester will be responsible for deepening affinity for the Target brand across all platforms, furthering the company’s popular loyalty program and in-house media company, and fuelling continued digital growth for the retailer, the company said.
 
Katie Boylan has been promoted to executive vice president and chief communications officer. Boylan, who joined Target in 2011, has played a critical role in advancing and protecting Target’s reputation during her more than ten years with the company. She has been leading the company’s communications function since 2017. Her expanded responsibilities will now include Target’s social responsibility and sustainability initiatives, as well as the company’s philanthropic efforts, including the Target Foundation, Target said.
 
“At the core of Target’s success is the most talented team in retail. The depth of expertise across Target’s leadership team in particular has been a critical driver in Target’s winning strategy and the excellence of our operations. The changes we’re announcing create new opportunities for key leaders to bring their knowledge and experiences to different areas of the business. I’m confident these moves will drive Target’s position as a best-in-class retailer today and well into the future,” Brian Cornell, chairman and CEO of Target said in a press release.

Fibre2Fashion News Desk (GK)

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