Target Org Chart & Sales Intelligence Blog

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Target Corporation (NYSE: TGT)

1000 Nicollet Mall
Minneapolis, MN 55403
United States
612 304 6073
http://corporate.target.com

Sector(s): Consumer Defensive
Industry: Discount Stores
Full Time Employees: 409,000

Facebook: https://www.facebook.com/target.careers/
LinkedIn: https://www.linkedin.com/company/target/
Twitter: https://twitter.com/TargetNews
Instagram: https://www.instagram.com/target/

Target 2021 Fortune 500 Rank: #30

  

The Target Org Chart Report covers key business units. databahn goes further into the lines of business by charting HR, Finance, IT, Operations and more.

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Target Corporate Structure 

Target Executive Leadership Org Chart 

 Target Board of Directors Org Chart

 

Download the Target Deep-Dive Report to see the full 9 organizational charts. 

 

The Target Contact Spreadsheet is a directory of names, titles, phone numbers, and addresses.

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NAME TITLE EMAIL MAIN PHONE DIRECT PHONE
Michael Fiddelke EVP & Chief Financial Officer michael.fiddelke@target.com (612) 304-6073 Disguised
John Mulligan EVP & Chief Operating Officer john.mulligan@target.com (612) 304-6073 Disguised
Melissa Kremer EVP & Chief Human Resources Officer melissa.kremer@target.com (612) 304-6073 Disguised
Todd Waterbury SVP, Chief Creative Officer todd.waterbury@target.com (612) 304-6073 Disguised
 

Download the Target Deep-Dive Report to gain contact information for all 1598 contacts.

 

Target Executive Leadership Team  

NAME TITLE
Brian Cornell Board Chairman and Chief Executive Officer
Katie Boylan Executive Vice President and Chief Communications Officer
Michael Fiddelke Executive Vice President and Chief Financial Officer
Rick Gomez Executive Vice President and Chief Food and Beverage Officer
Christina Hennington Executive Vice President and Chief Growth Officer
Melissa Kremer Executive Vice President and Chief Human Resources Officer
Don H. Liu Executive Vice President and Chief Legal and Risk Officer
Michael E. McNamara Executive Vice President, Chief Information Officer
John J. Mulligan Executive Vice President and Chief Operating Officer
Jill Sando Executive Vice President and Chief Merchandising Officer
Mark Schindele Executive Vice President and Chief Stores Officer
Cara Sylvester Executive Vice President and Chief Marketing and Digital Officer
Laysha Ward Executive Vice President and Chief External Engagement Officer

 

Download the Target Deep-Dive Report to gain access to profiles of the key decision-makers at Target.

 

Target Board of Directors    

NAME TITLE COMPANY
Brian Cornell Board Chairman and Chief Executive Officer Target
David P. Abney Former Chairman of the Board & Chief Executive Officer United Parcel Service, Inc.
Douglas M. Baker, Jr. Executive Chairman Ecolab Inc.
George S. Barrett Former Chairman and Chief Executive Officer Cardinal Health, Inc.
Gail K. Boudreaux President and Chief Executive Officer Anthem, Inc.
Robert L. Edwards Former President and Chief Executive Officer Safeway Inc.
Melanie L. Healey Former Group President, North America The Procter & Gamble Company
Donald R. Knauss Former Chairman and Chief Executive Officer The Clorox Company
Christine A. Leahy President and Chief Executive Officer CDW Corporation
Monica C. Lozano President and Chief Executive Officer The College Futures Foundation
Mary E. Minnick Chairman Digital Media Solutions
Derica W. Rice Former Executive Vice President CVS Health Corporation
Dmitri L. Stockton Former SVP & Special Advisor to the Chairman General Electric Company 

 

Target Sales Trigger Events

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Target clashes with investors over strategy to keep prices low despite inflation
November 17, 2021

Target CEO Made Nearly $20 Million, 805 Times More Than Median Employee in  2020 Amid Pandemic - Tennessee Star

Target's strategy is to keep prices low in a bid for customer loyalty. Amid inflation, investors are calling for Target to increase prices. Brian Cornell says, “We are protecting prices,” he said on a call with reporters. “It’s as important to our guests this year as safety has been throughout the pandemic.” He and the company’s team of executives defended that strategy, even as they were peppered with questions by analysts on an early Wednesday earnings call.
Source

 

Sarah Travis Named President of Roundel by Target
August 25, 2021

Sarah Travis Target

Target named Sarah Travis president of Roundel, the company's in-house media company. Roundel is responsible for connecting with Target’s guests through marketing messages across the company's owned platforms and rand-safe, off-platform channels. Travis will report to Cara Sylvester, Target’s executive vice president and chief marketing and digital officer.

“Sarah has deep media expertise and a proven track record of creating and maximizing connections between brands and their core audiences,” said Sylvester. “She has a clear passion for the media industry and a strong understanding of what it takes to break through in today’s incredibly dynamic environment, and I’m confident that her leadership will position Roundel for continued success.”
Source

 

Target Names Samara Tuchband Senior Vice President of the company's Home Merchandising Division
May 29, 2021

Samara Tuchband, Senior Vice President, Home Merchandising Division

Target named Samara Tuchband senior vice president of merchandising, home. Tuchband is responsible for overseeing the retailer’s merchandising and omnichannel business for the home category. This includes inclusive of decorative home, stationery, home textiles, kitchen, storage and seasonal.

In this role, Tuchband will help execute and advance Target’s home strategy. “Samara brings a deep understanding and strong reputation for driving digital and merchandising success within the home category,” says Sando. “At a time when home is more important than ever to our guests, Samara’s passion for creating memorable consumer experiences will strengthen our home business and enhance our commitment to bringing joy to our guests’ everyday lives.”
Source


Target Announces 2021 Strategic Investments
March 2, 2021

Can I start investing with $500?

The company nnounced its plan to invest approximately $4 billion during the next few years is to continue scaling capabilities across its retail platform. The goal is to build on years of sales growth and a record 2020 financial performance. The company will accelerate new store openings and store remodels, enhance fulfillment services and strengthen its supply chain as it provides guests with a safe, easy and convenient shopping experience.

"2020 was a record-breaking year thanks to the work of our team and their commitment to serving our guests amidst unprecedented demand. As we head into 2021, we are building on the aspects of our differentiated model that make Target the preferred one-stop-shop for millions of guests," said Michael Fiddelke, chief financial officer, Target. "The bold investments planned for the next few years will scale key capabilities across stores, fulfillment, and supply chain to drive deeper engagement with new and loyal guests, continued market share gains, and long-term, profitable growth."
Source 

 

Download the Target Deep-Dive Report to gain access to all 52 sales trigger events.

 

Target Earnings Call Highlights 

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Target Corporation (NYSE: TGT) Q3 2021 Earnings Call
November 17, 2021 

Executives in Attendance:

  • Brian Cornell - Chairman and Chief Executive Officer
  • Christina Hennington - Chief Growth Officer
  • John Mulligan - Chief Operating Officer
  • Michael Fiddelke - Chief Financial Officer
  • John Hulbert - Vice President, Investor Relations

Analysts Present:

  • Michael Lasser - UBS
  • Chris Horvers - JPMorgan
  • Karen Short - Barclays
  • Kelly Bania - BMO Capital
  • Kate McShane - Goldman Sachs
  • Paul Lejuez - Citi Group
  • Robby Ohmes - Bank of America

 

 Brian Cornell CEO

Comments from Brian Cornell, CEO:

"We saw a clear opportunity to build on that solid foundation, finding new ways to enhance our capabilities while strengthening the bond with both our team and our guests. And today, those bonds have never been stronger. As I mentioned, within our digital capabilities, more and more of our guests are trying and embracing our industry-leading same-day services."

"More specifically, all five of our core merchandise categories saw double-digit growth in the quarter, ranging from the low double-digits to the mid-teens, resulting in strong market share gains on top of unprecedented share growth in 2020. And we're not slowing down in our efforts to serve our guests. We continue to invest key partnerships that enhance our assortment and experience, including the opening of more than 100 Ulta Beauty shop-in-shops."

"On top of the investments in inventory, in-stocks, and value I outlined earlier, we've announced that we're hiring 30,000 new year-round supply chain team members to support our current and expected growth. In our stores, we're providing our team members with more pay, flexibility, and reliable hours this holiday season [offering] (ph) more than 5 million additional hours to our existing team. And investments are more than $75 million over the holiday season. To supplement the additional hours from our existing team, we're hiring another 100,000 seasonal team members throughout the country, many of whom will have an opportunity to stay on with Target after the holidays." 

Source

 

Target Financial Highlights

Fiscal Year
Fiscal Year Ends January 30, 2022
Most Recent Quarter November 17, 2021
Profitability
Profit Margin 6.29%
Operating Margin 8.47%
Management Effectiveness
Return on Assets 10.69%
Return on Equity 45.98%
Income Statement
Revenue $100.33 Billion
Revenue Per Share 201.38
Quarterly Revenue Growth 9.50%
Gross Profit 27.38B
EBITDA 11.04B
Net Income Avi to Common 6.31B
Diluted EPS 12.53
Quarterly Earnings Growth 7.50%
Balance Sheet
Total Cash 7.37B
Total Cash Per Share 15.1
Total Debt 15.47B
Total Debt/Equity 104.13
Current Ratio 1.04
Book Value Per Share 30.35
Cash Flow Statement
Operating Cash Flow 8.83B
Levered Free Cash Flow 5.12B

 

Highlights from 2020 CEO's Letter to Shareholders

Brian Cornell
Chairman and Chief Executive Officer 

Brian Cornell CEO Target

"Today, Target is known as much for same-day fulfillment services and safety as we are for style and swagger. In fact, our same-day services, Order Pickup, Drive Up and Shipt, grew 235% in 2020, led by more than 600% growth in Drive Up—as our guests developed new routines and connections to Target that will endure long after the pandemic."

"Our team has always been at the heart of our investments. In 2017, we said we would invest heavily in wages, training and hours, and we took the bold step of promising a minimum starting wage of $15 per hour by
the end of 2020. We accelerated that $15 commitment to the middle
of last year, as we continued to hire, develop and promote team
members in support of our rapidly growing business."

"As a company that holds inclusivity as a core value, we stepped up with immediate actions and long-term solutions, which have been detailed in this and other reports. On behalf of our entire team, I can promise you that we will stay engaged in this work as a lasting expression of our purpose—both through our enterprise and diversity-and-inclusion strategies, and through our Racial Equity Action and Change Committee, which was created specifically to advance racial equity for Black team members and guests across all areas of Target’s business."

Source

 

Target Human Capital

As of January 2021, Target employed roughly 409,000 full-time, part-time, and seasonal team members. Because of the seasonal nature of the retail business, employment levels peak in the holiday season. The company also engages independent contractors, including the Shipt subsidiary.

The vast majority of merchandise is distributed to stores through its network of distribution centers. Merchandise sold through digital channels is distributed to
guests via common carriers (from stores, distribution centers, vendors, and third-party distributors), delivery via wholly owned subsidiary, Shipt, Inc.


Merchandising Operations

Target sells a wide assortment of general merchandise and food. The majority of general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy, and frozen items. Nearly all stores larger than 170,000 square feet offer a full line of food items comparable to traditional supermarkets.

The company's mall format stores, generally smaller than 50,000 square feet, offer curated general merchandise and food assortments. Digital channels include a wide merchandise assortment, including many items found in stores, along with a complementary assortment.

Source

Download the Target Deep-Dive Report to gain access to full Walt Disney investor presentations and earnings call highlights.

 

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