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Feb 10, 2026 8:30 AM

Target's New Boss Wastes No Time Rewiring Leadership

Target Corporation (NYSE:TGT) stock is up during Tuesday’s premarket session as the company announced executive leadership changes aimed at accelerating growth.

This news comes as the broader market experienced positive momentum, with the S&P 500 gaining 0.22% on the previous trading day, indicating a supportive environment for the stock.

Outlook Confirmed

Target confirmed that it expects to report fourth-quarter 2025 sales, full-year GAAP EPS, and full-year adjusted EPS in line with its prior guidance.

CEO Michael Fiddelke emphasized that these leadership changes are designed to align talent with key roles, enhancing the company’s ability to drive growth and execute its strategic plans.

In a significant restructuring, Cara Sylvester has been appointed as chief merchandising officer, while Lisa Roath takes on the role of chief operating officer.

These appointments are intended to streamline operations and strengthen Target’s merchandising ...