Target Chief Financial Officer Cathy Smith to Retire

01/10/19 06:48 AM EST
   By Colin Kellaher 

Target Corp. (TGT) on Thursday said Cathy Smith plans to retire as executive vice president and chief financial officer.

The Minneapolis retailer said it will consider internal and external candidates to succeed Ms. Smith, adding that it has hired a search firm to assist in the process.

Target said Ms. Smith, who joined the retailer as chief financial officer in September 2015 after stints as CFO at pharmacy-benefits manager Express Scripts and Walmart Inc.'s (WMT) international division, will continue in the post until it names a successor. She will serve as an adviser until May 2020, Target said.


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(END) Dow Jones Newswires

January 10, 2019 06:48 ET (11:48 GMT)

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