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Benzinga
  • 1 year ago
Target has named a veteran of PepsiCo as its new Chief Financial Officer. Jim Lee, who has over 25 years of experience, will assume the role effective September 22nd. He succeeds Michael Fiddelke, who became Target's COO earlier this year. Lee will oversee financial planning, analysis, and corporate development. This leadership shift comes as the retailer prepares for the critical holiday season, aiming to attract cost-conscious shoppers.
Transcript
00:00It's Benzinga, and here's what's on the block.
00:02Target has named a veteran of PepsiCo as its new chief financial officer.
00:07Jim Lee has over 25 years of experience and will assume the role effective September 22nd.
00:12He succeeds Michael Fidelke, who became Target's COO earlier this year.
00:16Lee will oversee financial planning, analysis, and corporate development.
00:20This leadership shift comes as the retailer prepares for the critical holiday season,
00:24aiming to attract cost-conscious shoppers.
00:26For all things money, visit Benzinga.com.
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