Target Appoints New COO, Chief Commercial Officer Departs
TGT sits 39% above its 52-week low of $83.44.
Summary
Target announced a new Chief Operating Officer, Lisa Roath, an internal promotion, while its Chief Commercial Officer, Rick Gomez, will depart after a transition period.
Key Events · Executive and Board Changes · TGT
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New Chief Operating Officer Appointed
Lisa Roath, a veteran Target executive, has been promoted to Executive Vice President and Chief Operating Officer, effective February 15, 2026, with an annual base salary of $775,000.
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Chief Commercial Officer to Depart
Rick Gomez, Executive Vice President and Chief Commercial Officer, will step down from his role on February 15, 2026, transitioning to an advisor role until April 17, 2026, and will receive severance.
Analysis · TGT · Trade & Services
Target Corporation announced significant leadership changes, appointing Lisa Roath as Executive Vice President and Chief Operating Officer. Roath, a long-time Target executive, brings continuity and deep operational experience to this critical role. Concurrently, Rick Gomez, Executive Vice President and Chief Commercial Officer, will step down, transitioning to an advisory role before his departure. While the internal promotion of Roath is a positive for leadership stability, the departure of a key commercial officer, even with an amicable transition, introduces some strategic uncertainty. Investors will monitor the impact of these changes on the company's operational and commercial strategies.
At the time of this filing, TGT was trading at $115.93 on NYSE in the Trade & Services sector, with a market capitalization of approximately $52.3B. The 52-week trading range was $83.44 to $135.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.