Target COO John Mulligan to retire, transition to strategic advisor through Feb 2025

TARGET CORP

Transition Agreement signed Nov 8, 2023; Mulligan to serve as non-executive strategic advisor from Feb 3, 2024 to Feb 1, 2025.
He will retain current base salary and target bonus opportunity as a member of Target's leadership team during the term.
The agreement amends the prior 8-K filed Oct 17, 2023 regarding Mulligan's intention to retire.

item 5.02

Executive movements

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Role change

John J. Mulligan

Strategic Advisor

TGT · TARGET CORP

Effective: 2024-02-03
Filed: November 8, 2023, 6:59 PM ET

On November 8, 2023, Target and Mr. Mulligan entered into an agreement (the “Transition Agreement”) providing that Mr. Mulligan will be employed by Target as a non-executive officer in a strategic advisor role, commencing February 3, 2024 (or a later date as mutually agreed) and ending February 1, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John J. Mulligan was appointed as Strategic Advisor at TARGET CORP.

Action: appointed
Role: Strategic Advisor

Exact text from the filing

On November 8, 2023, Target and Mr. Mulligan entered into an agreement (the “Transition Agreement”) providing that Mr. Mulligan will be employed by Target as a non-executive officer in a strategic advisor role, commencing February 3, 2024 (or a later date as mutually agreed) and ending February 1, 2025.

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TARGET CORP filing history →

Source: SEC EDGAR

accession 0000027419-23-000045

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