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Target makes leadership changes

Mark Schindele, Target's executive vice president and chief stores officer, will be retiring after 25 years with the company. Adrienne Costanzo has been named Schindele's successor. Target also made a number of additional changes across its executive leadership team.

Brett Craig, executive vice president and chief information officer, will retire after 15 years at Target. With his departure, Prat Vemana will take on the role of chief information and product officer and remain on the leadership team.

Finally, Sarah Travis, senior vice president, Roundel and social commerce, will be promoted to executive vice president and chief digital and revenue officer and join the leadership team

"These leadership updates will help us continue to deliver a differentiated shopping experience every day across every channel," said Cornell. "I want to thank Mark and Brett for the notable contributions they've made during their long tenures with the company and wish them both well in their retirements. Adrienne, Prat and Sarah all bring tremendous retail expertise to their roles and Target's leadership team as we accelerate Target's strategy."

Since joining the company in 1999, Schindele has served in multiple roles spanning merchandising and operations. Over the past five years as chief stores officer, he led the stores organization through the pandemic and during the largest period of growth in the company's history, improving retail fundamentals and the guest experience. To support a smooth transition, Schindele will move into a strategic advisor role Feb. 2 and retire effective March 29.

Costanzo will now lead more than 350,000 store team members and oversee the operations of the company's nearly 2,000 locations across the United States. Costanzo has more than 20 years of experience leading teams and driving business results across Target's stores, human resources and merchandising functions.

Since joining Target in 2022, Vemana has redesigned the company's digital platforms and capabilities, enhancing the digital shopping experience and resulting in strong growth. As chief information and product officer, Vemana will accelerate the company's technology strategy with a focus on furthering the use of automation, data and artificial intelligence to enhance the working and shopping experience. In addition to overseeing Target's technology roadmap, Vemana will continue to lead the company's user experience strategy and enterprise product function to speed development of technology solutions that deliver a fast, reliable and inspiring experience for consumers and the Target team.

Travis has significantly grown the retailer's in-house media company, Roundel, putting it on pace to deliver nearly $2 billion in value to Target in fiscal 2024. Her new role brings together the growing power of Target's ecommerce business with other revenue drivers — including Roundel and the company's social commerce efforts that inspire consumers to shop Target on new platforms — to fuel each other's success and growth.

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