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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Target Corp | NYSE:TGT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.38 | 0.24% | 158.50 | 160.31 | 157.81 | 159.00 | 3,802,183 | 00:22:58 |
By Kimberly Chin
Target Corp. Chief Information Officer Michael McNamara said he intends to retire next year.
Mr. McNamara joined the big-box retailer in 2015, taking the reins from prior CIO Bob DeRodes and helping to guide the company through a large data breach in 2013. Prior to Target, he was the information chief at U.K.-based supermarket chain Tesco PLC.
Since joining the company, Mr. McNamara has helped bring the retailer's software development in-house and focus on technology projects that help drive revenue growth, such as those related to online shopping and same-day delivery or pickup.
Combined traffic to Target's stores and website increased 12.7% for the second quarter.
Mr. McNamara will remain in the CIO position until the company can find a replacement and will also help facilitate the transition, the company said in a securities filing.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
September 01, 2021 12:08 ET (16:08 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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