Target has made a series of changes to its leadership including appointing its first chief food and beverage officer and its first chief growth officer.
Positioning for growth
The changes are being made to position Target for further growth. The appointments are internal promotions, reflecting the strength of the bench at the retailer. Target has emerged as one of the key winners in retail since the start of the pandemic, with the retailer’s outstanding performance underpinned by its digital commerce capabilities. During the first three quarters of the current financial year, it generated over $10bn in incremental sales, providing it with a strong platform to capitalise on new opportunities.
EVP and chief food and beverage officer
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. After 15 years with the company, Stephanie Lundquist, Target's former president of food and beverage, announced her plans to depart earlier this year. She will remain in an advisory role through spring 2021.
EVP and chief growth officer
Christina Hennington has been named executive vice president and chief growth officer. Hennington joined Target in 2003, recently service as chief merchandising officer for hardlines, essentials and capabilities. 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.
EVP and chief merchandising officer
With Hennington stepping into this new role, Jill Sando will now lead buying for all of Target's hardlines and softlines product categories. Sando, who joined Target in 1997, recently oversaw style and owned brands. Sando will report to Hennington and remain a member of Target's executive leadership team.
EVP and chief marketing and digital officer
With Rick Gomez taking on a new role, 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. Sylvester will be responsible for deepening affinity for the Target brand, furthering the company's popular loyalty program and in-house media company.
EVP and chief communications officer
Katie Boylan has been promoted to executive vice president and chief communications officer. Boylan, who joined Target in 2011, 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.
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