---
schema_version: "secwatch.filing_event.v1"
accession: "0000027419-24-000160"
form_type: "8-K"
ticker: "TGT"
cik: "0000027419"
company_name: "TARGET CORP"
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:46:44.679256+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000027419-24-000160
- form_type: 8-K
- ticker: TGT
- cik: 0000027419
- company_name: TARGET CORP
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27419/000002741924000160/0000027419-24-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27419/000002741924000160/tgt-20240919.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000027419-24-000160
- JSON: https://secwatch.observer/filing/0000027419-24-000160.json
- Plain text: https://secwatch.observer/filing/0000027419-24-000160.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/27419/000002741924000160/0000027419-24-000160-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.