Target Corporation
Target Appoints New COO Lisa Roath
Summary
On February 10, 2026, Target Corporation announced the appointment of Lisa Roath as Executive Vice President and Chief Operating Officer, effective February 15, 2026. Ms. Roath, who has been with Target since 2006, will receive an annual base salary of $775,000 and will continue to be eligible for bonuses, stock-based awards, and other leadership benefits. Simultaneously, Rick Gomez, the current Chief Commercial Officer, will step down on February 15, 2026, and transition to an advisory role until his expected departure on April 17, 2026. Under the terms of his transition agreement, Mr. Gomez will receive his base salary, bonus opportunity, and vesting of long-term incentives. His departure will entitle him to severance benefits under Target's Income Continuation Plan.
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About Target Corporation
Target Corporation is a major American mass-market retailer known for offering a broad assortment of general merchandise and food products to consumers. Originally founded in 1902 and headquartered in Minneapolis, Minnesota, Target operates a wide network of large-format stores across the United States, in addition to its robust e-commerce platform. Target's primary function is to provide customers with a highly curated selection of quality products at competitive prices, spanning categories such as apparel, home goods, electronics, and groceries. The company is notable for its focus on style and value, branding itself as "Expect More. Pay Less." Target Corporation impacts various sectors, prominently influencing retail, supply chain logistics, and consumer behavior trends with significant market strategies such as private label offerings and exclusive designer collaborations. Holding a considerable share of the retail market, Target plays a critical role in shaping the competitive landscape, balancing between robust in-store experiences and investments in digital transformation to meet evolving consumer demands. Its influence extends to the broader retail economy, often serving as a bellwether for consumer spending patterns and retail sector health.
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