Target's Operations Chief to Retire in February
17 Outubro 2023 - 8:56AM
Dow Jones News
By Dean Seal
John Mulligan, Target's first chief operating officer, plans to
retire from the retailer in February.
Target said in a securities filing Tuesday that Mulligan has
provided notice of his intention to retire in February.
At that time, he is expected to transition to a strategic
advisor role and serve as a non-executive officer until February
2025.
The material terms of Mulligan's strategic advisor agreement
will be disclosed once they are finalized, Target said.
Mulligan was serving as Target's chief financial officer when he
was promoted in 2015 to the then-newly created role of chief
operating officer as part of an overhaul of Target's executive
team. He had served briefly as interim CEO in 2014 before Chief
Executive Brian Cornell joined the company.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
October 17, 2023 07:41 ET (11:41 GMT)
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