Target Holiday Season Sales Grow
Following its solid holiday season, Target announced the retirement of Mark Schindele, executive vice president and chief stores officer. He has been with the company for 25 years. Adrienne Costanzo, senior vice president of Store Operations, has been named the retailer’s chief stores officer. In this role, effective Feb. 2, she will lead more than 350,000 store team members and oversee the operations of the company's nearly 2,000 locations across the United States.
Also, Brett Craig, executive vice president and chief information officer, will retire after 15 years at Target. Prat Vemana, executive vice president and chief digital and product officer, will take on the role of chief information and product officer and remain on the leadership team.
Sarah Travis, senior vice president of Roundel and Social Commerce, will be promoted to executive vice president and chief digital and revenue officer and join the leadership team. She is credited with significantly growing the retailer's in-house media company, Roundel, putting it on pace to deliver nearly $2 billion in value to Target in fiscal 2024.
"These leadership updates will help us continue to deliver a differentiated shopping experience every day across every channel," said Cornell. "I want to thank Mark and Brett for the notable contributions they've made during their long tenures with the company and wish them both well in their retirements. Adrienne, Prat, and Sarah all bring tremendous retail expertise to their roles and Target's leadership team as we accelerate Target's strategy."