leadership
confidence high
sentiment neutral
materiality 0.60
Target's Chief Strategy and Chief Legal officers step down; no successors named
TARGET CORP
- Christina Hennington, EVP Chief Strategy and Growth Officer, steps down May 25, 2025; will serve as strategic advisor until Sep 7, then depart.
- Amy Tu, EVP Chief Legal & Compliance Officer, steps down effective May 21, 2025, with employment ending June 1, 2025.
- Both departures are treated as involuntary termination without cause, entitling each to severance under Target's Income Continuation Plan.
- Each officer will receive vesting of a portion of their long-term incentive awards per transition agreements signed May 20, 2025.
- Target has not announced replacements for either role.
item 5.02