MINNEAPOLIS, Aug. 26, 2020 /PRNewswire/ -- Target Corporation
(NYSE: TGT) announced today its board of directors elected
Christine (Chris) A. Leahy,
president, chief executive officer and director of CDW, and
Derica W. Rice, former executive
vice president of CVS Health and president of CVS Caremark, as
directors. Ms. Leahy's appointment becomes effective January 1, 2021, and Mr. Rice's appointment
becomes effective August 31,
2020.
Ms. Leahy, 56, is president and CEO of CDW, a leading
multi-brand technology solutions provider to business, government,
education and healthcare customers. Ms. Leahy joined CDW in 2002
and held a series of executive leadership roles prior to being
named to her current position in January
2019, including chief revenue officer; senior vice
president, international; chief legal officer; corporate secretary;
and general counsel. Ms. Leahy also serves as a member of CDW's
board of directors. Prior to CDW, Ms. Leahy spent 11 years at
Sidley Austin, most recently as partner. She serves on the boards
of the Economic Club of Chicago,
Northwestern Memorial Hospital, Junior Achievement of Chicago and Children's Home + Aid.
Mr. Rice, 55, served as executive vice president of CVS Health
and president of CVS Caremark, the pharmacy benefits management
business of CVS Health, from March
2018 through February 2020.
Previously, he held various executive positions at Eli Lilly and
Company, most recently executive vice president of Global Services
and chief financial officer from 2006 to 2017. Mr. Rice is
currently a member of The Walt Disney Company's board of directors
and will join the board of directors of Bristol Myers Squibb
effective September 1, 2020.
He previously served as a member of the board of directors of
Target Corporation from 2007 to January
2018.
"Chris and Derica bring broad expertise and unique perspectives
that will complement the skills and viewpoints of our current
board. As CEO of a premier technology company, Chris' voice will be
a welcome addition to our discussions as we continue to accelerate
the growth of our business and invest in our team. We're pleased
Derica is returning to the board. His deep financial acumen and
leadership prowess, honed over more than 15 years in high-level
positions at respected brands, will prove more valuable than ever
in these challenging times. I welcome both Chris and Derica to
Target and am looking forward to their insights as we focus on
deepening our trust with guests and advancing our durable
strategy," said Brian Cornell,
chairman and CEO of Target.
About Target
Minneapolis-based Target
Corporation (NYSE: TGT) serves guests at nearly 1,900 stores and at
Target.com. Since 1946, Target has given 5% of its profit to
communities, which today equals millions of dollars a week. For the
latest store count or for more information, visit
Target.com/Pressroom. For a behind-the-scenes look at
Target, visit Target.com/abullseyeview or follow
@TargetNews on Twitter.
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SOURCE Target Corporation