Target Corp. and its board of directors have elected COO Michael Fiddelke as the company’s next CEO, effective Feb. 1, succeeding Brian Cornell, who will transition to the role of executive chair of the board of directors. Cornell and Fiddelke will work together throughout the transition. An announcement about the company’s next COO will be made later. […]
Tag: Brian Cornell
CVS Health Completes Acquisition of Target’s Pharmacy And Clinic Businesses
CVS Health Corp. has completed the acquisition of Target Corp.’s pharmacy and clinic businesses for approximately $1.9 billion. With the completion of the transaction, CVS Health acquired Target’s 1,672 pharmacies across 47 states and will operate them through a store-within-a-store format, branded as CVS/pharmacy. In addition, a CVS/pharmacy will be included in all new Target stores […]
Target Leadership Changes Include New Food & Beverage President
Target Corp. has made a series of additional changes to its leadership team, effective Jan. 10. Stephanie Lundquist, who has served as Target’s chief HR officer since 2016, has been named president of food and beverage. In a new role for the company, Lundquist will oversee the full spectrum of all merchandising and operations for food and beverage, […]
