Mark Schindele appointed president, Target Canada
MINNEAPOLIS, May 20, 2014 /CNW/ - Target today announced a number of
leadership changes in the U.S. and Canada that will further the
company's efforts to drive U.S. traffic and sales, improve its Canadian
operations, and advance its ongoing digital transformation.
Effective immediately, Tony Fisher, president, Target Canada, will
depart the company. Mark Schindele, senior vice president,
merchandising operations, will assume the role of president, Target
Canada. In this position, Mark will report to Kathee Tesija, chief
merchandising and supply chain officer, whose responsibilities include
Mark is a results-driven leader who brings 22 years of retail
experience, including 15 years at Target, to the position. During his
Target tenure, he has played an integral role in launching new store
formats, including PFresh, CityTarget, and Target Express. Mark has
also enhanced Target's guest insights and analytics capabilities and
led multiple business categories and vendor partnerships. In his
current role, he leads a global team and provides senior-level
oversight to Target's merchandising operations, including systems,
global sourcing, and product development.
"We are grateful to Tony for leading Target's first international
launch. One of our key priorities is improving performance in Canada
more rapidly and we believe it is important to be aggressive. We have a
committed team who is focused on delivering an outstanding shopping
experience to our Canadian guests and getting our performance on
track," said John Mulligan, Target's interim president and CEO. "Mark's
broad understanding of the retail industry and his record of leading
global operations will help accelerate efforts to drive improvements
across our Canadian business."
Mark will join the Target Canada leadership team, which includes:
Janna Adair Potts, senior vice president, stores and distribution
John Butcher, senior vice president, merchandising
Livia Zufferli, vice president, marketing
Tiffany Monroe, vice president, human resources
Mark Wong, general counsel
To bring further strategic counsel and deep Canadian market expertise to
the team, Target will also be naming a non-executive chair in Canada.
In this newly created advisory role, the non-executive chair will
provide counsel and support to the president of Target Canada to ensure
all strategies and tactics align with the Canadian marketplace.
"Target is committed to making more rapid progress in Canada and I am
personally very excited about working alongside the team to improve
operations and deliver a Target experience that will earn us the trust
and loyalty of our Canadian guests," said Schindele.
U.S. Leadership Changes
In the U.S., Target is also elevating three senior merchandising leaders
and realigning the team to better leverage functional expertise as the
company focuses on driving improved performance.
Trish Adams has been promoted to executive vice president, apparel and
Jose Barra has been promoted to executive vice president, essentials and
Keri Jones has been promoted to executive vice president, merchandising
planning and operations
"Moving more quickly to bring bold, innovative ideas to the marketplace
will help us connect with our guests in more meaningful ways. By
realigning the merchandising team we can better leverage our
senior-level leaders, be more agile and deliver for our guests with a
greater sense of urgency," said Tesija.
The timing of these changes is unrelated to Target's first quarter 2014
financial results, which the company plans to announce at 7 a.m. CDT on
May 21, 2014.
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,924
stores - 1,797 in the United States and 127 in Canada - and at
Target.com. Since 1946, Target has given 5 percent of its profit
through community grants and programs; today, that giving equals more
than $4 million a week. For more information about Target's commitment
to corporate responsibility, visit target.com/corporateresponsibility.
Image with caption: "Mark Schindele, president, Target Canada (CNW Group/Target Canada)". Image available at: http://photos.newswire.ca/images/download/20140520_C9027_PHOTO_EN_40521.jpg
SOURCE: Target Canada
For further information:
Dustee Jenkins,Target Public Relations 612-696-3400
John Hulbert, Target Investor Relations 612-761-6627