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investors.target.comTarget Corporation is set to file its Quarterly Report on Form 10-Q for the fiscal quarter ending August 2, 2025. The report will detail transition agreements for two departing executives: Christina Hennington, who will step down as Executive Vice President and Chief Strategy and Growth Officer, and Amy Tu, who will exit as Executive Vice President and Chief Legal & Compliance Officer. Both agreements will ensure that these executives receive severance benefits and vesting of incentives upon their departures, which could have financial implications for the company's compensation expenses in upcoming periods.
Quarterly ReportChristina Hennington, Executive Vice President and Chief Strategy and Growth Officer of Target Corporation, will step down from her role, effective May 25, 2025, and transition to a strategic advisor position until September 7, 2025. Following her departure, she will be entitled to severance benefits under Target's Income Continuation Plan due to her involuntary termination without cause. Additionally, she will receive vesting for a portion of her long-term incentives. The transition agreement will be disclosed in Target's upcoming Quarterly Report for the fiscal quarter ending August 2, 2025.
Executive Departure