Target appoints Jim Lee as EVP and CFO effective September 22, 2024

TARGET CORP

Jim Lee, former PepsiCo deputy CFO, named Target EVP and CFO, effective Sept 22, 2024.
Annual base salary of $850,000; target STI opportunity of 100% of base salary.
Pro-rated LTIP grant with target value of $1.5M (60% PSUs, 40% PBRSUs).
Cash sign-on bonus of $2.2M (repayable if voluntary exit within 36 months).
Sign-on RSU grant of $6.95M vesting in 1/3 increments over three years.

item 5.02

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Appointed

Jim Lee

Executive Vice President and Chief Financial Officer

TGT · TARGET CORP

Effective: 2024-09-22
Filed: September 19, 2024, 7:59 PM ET

On September 19, 2024, Target Corporation (“Target”) announced that Jim Lee has been appointed to the position of Executive Vice President and Chief Financial Officer, effective September 22, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jim Lee was appointed as Executive Vice President and Chief Financial Officer at TARGET CORP.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On September 19, 2024, Target Corporation (“Target”) announced that Jim Lee has been appointed to the position of Executive Vice President and Chief Financial Officer, effective September 22, 2024.

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Source: SEC EDGAR

accession 0000027419-24-000160

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