Target Reports Election of Joe DePinto to Board of Directors
Summary
Target Corporation announced the election of Joe DePinto, former President and Chief Executive Officer of 7-Eleven, Inc., to its Board of Directors, effective August 1, 2026 (via Ex. 99.1 press release). Mr. DePinto will also serve on the Audit & Risk Committee and the Infrastructure & Finance Committee, effective the same date. This appointment is intended to accelerate Target's enterprise strategy and fuel new growth under CEO Michael Fiddelke. • Mr. DePinto, 63, was CEO of 7-Eleven from 2005 to December 2025. • He previously held leadership positions at GameStop Corporation and PepsiCo, Inc.
Why It Matters
This appointment is a step Target is taking to accelerate its enterprise strategy and fuel new growth under CEO Michael Fiddelke, leveraging Mr. DePinto's expertise in operations, loyalty, fresh food, and omnichannel capabilities, as stated in the Ex. 99.1 press release.
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Key Quote
“On July 18, 2026, the Board of Directors of Target Corporation ("Target") elected Joe DePinto as a director of Target, effective August 1, 2026.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000027419
- Filing Date
- Wednesday, July 22, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive