Target names new merchandising and operations chiefs

Target Corp. (NYSE: TGT) announced executive leadership changes under CEO Michael Fiddelke, effective Feb. 15, according to a company statement.

Cara Sylvester will become chief merchandising officer, transitioning from her previous role as chief guest experience officer. Lisa Roath will assume the position of chief operating officer, moving from her role as chief merchandising officer of food, essentials and beauty.

As part of the restructuring, Rick Gomez, chief commercial officer, will depart the company and Jill Sando, chief merchandising officer for apparel and accessories, home and Fun101, will retire after 29 years with Target. Both executives will remain for transition periods.

The Minneapolis-based retailer confirmed it expects to report fourth quarter 2025 sales, full-year GAAP earnings per share and full-year adjusted earnings per share in line with its prior guidance.

"These leadership changes align the right talent and expertise with key roles, and simplify our structure so we can advance our strategy with greater speed, clarity and accountability," Fiddelke stated in the release.

Target operates nearly 2,000 stores and serves customers through its e-commerce platform. The company is conducting an external search for a chief guest experience and marketing officer position.

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