Target Reports Executive Appointments and Departures
Summary
Target Corporation announced on February 10, 2026, the appointment of Lisa Roath as Executive Vice President and Chief Operating Officer, effective February 15, 2026. Ms. Roath, who has been with Target since 2006, will receive an annual base salary of $775,000 in her new role. Concurrently, Rick Gomez, Executive Vice President and Chief Commercial Officer, will step down from his role, effective February 15, 2026. Mr. Gomez will transition to an advisor role until April 17, 2026, after which he is expected to depart and receive severance.
Why It Matters
These leadership changes are material as they involve key executive roles, with a new Chief Operating Officer taking charge and the Chief Commercial Officer departing. This could signal strategic shifts or a realignment of operational focus for Target.
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Key Quote
“On February 10, 2026, Target Corporation ("Target") announced that Lisa Roath has been appointed to the position of Executive Vice President and Chief Operating Officer, effective February 15, 2026.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000027419
- Filing Date
- Tuesday, February 10, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral