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Leadership shakeup at Target includes departure of two company veterans
Target is implementing a significant leadership shakeup under new CEO Michael Fiddelke, involving the departure of two long-time company veterans, Rick Gomez and Jill Sando. The company is appointing Cara Sylvester as chief merchandising officer and Lisa Roath as chief operating officer, while also searching for a new chief guest experience and marketing officer, all aimed at accelerating growth and strengthening merchandising authority. These changes are designed to improve speed, efficiency, and execution as Target focuses on its future strategy.