Target names Lisa Roath EVP & Chief Operating Officer, effective Feb 15, 2026.
Filed with the SEC on · Summarized by InvestorsBot
Target names Lisa Roath EVP & Chief Operating Officer, effective Feb 15, 2026. Roath (age 48, at Target since 2006) gets $775,000 base salary and remains eligible for leadership bonus, 2020 LTIP awards & benefits. At‑will role. $TGT 🧑💼➡️ #Leadership #Retail
Rick Gomez will step down as EVP & Chief Commercial Officer on Feb 15, 2026, transition to advisor/non‑exec through Apr 17, 2026 (agreement dated Feb 6, 2026). He’ll keep base pay/target bonus, expected to receive severance and partial LTIP vesting on departure. $TGT 🔁📅 #Compensation #Governance
What investors should watch: internal COO promotion signals continuity in merchandising/food strategy; Gomez exit may create one‑time costs (severance + accelerated vesting). Transition agreement to be filed as an exhibit to TGT’s FY2026 10‑K. $TGT 📈💸 #Investors #Retail