Target has added former Diageo CEO Sally Grimes to its board of directors as the independent director as it aims to strengthen the leadership team for the next phase of growth.
Grimes brings years of experience to the role, having served across multiple major brands and managed periods of financial turnarounds for companies.
In her most recent role, she served as CEO in North America for Diageo after working as CEO of Clif Bar & Company and group president at Tyson Foods.
As part of her new position, she will work on Target’s Audit & Risk and Infrastructure & Finance committees.
Additionally, she brings experience across public and private boards which includes serving on the boards of Continental Grain Company and Beyond Meat.
Michael Fiddelke, CEO of Target said: “Sally has built her career at the intersection of consumer insight, innovation and growth, helping some of the world’s most recognized brands anticipate changing needs and bring new ideas to market.
“As we sharpen our merchandising authority and continue advancing our strategy, her experience turning consumer trends into compelling products and brands will bring valuable perspective to our board.”
This appointment marks the next part of Target’s CEO to prepare for the next period of business growth.
Christine Leahy, Target’s lead independent director added: “An effective board benefits from leaders who bring different experiences and ways of thinking. Sally combines deep consumer understanding with a track record of innovation, enterprise leadership and business acceleration.
“That combination complements the strengths already around our board table and will be a valuable addition as we provide oversight and counsel on Target’s long-term strategy and growth.”
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