8-KItem 5.02 · Officer/Director Change
Michael J.
Filed with the SEC on · Summarized by InvestorsBot
Michael J. Fiddelke named Target CEO & Board member effective Feb 1, 2026. Comp (set Jan 31): $1.30M base, STIP target 200% of base, LTIP stock awards target value $12.1M to be granted Mar 2026. At‑will employment. $TGT 👔🚀 #leadership #compensation
Brian Cornell moves to Executive Chair effective Feb 1, 2026; letter (Feb 2) sets $1.12M base, STIP target 200% of base, RSUs with present value $6.0M to be granted Mar 2026. No Income Continuation severance; expected role through Mar 13, 2027. $TGT 🔁👥 #governance #executive