Summary
This 8-K filing by Target Corporation, dated June 24, 2013, primarily reports a change in its Board of Directors. Mary N. Dillon has resigned from the Board, effective June 24, 2013. This departure is due to her appointment as the Chief Executive Officer of Ulta Salon, Cosmetics & Fragrance, Inc. Investors should note that this event concerns a board-level change and does not directly impact Target's ongoing financial operations or performance as of this filing date. The filing includes a news release detailing this board change as an exhibit, providing further context for the decision.
Key Highlights
- 1Mary N. Dillon resigned from Target Corporation's Board of Directors.
- 2The resignation was effective as of June 24, 2013.
- 3Ms. Dillon's departure is a result of her new role as Chief Executive Officer of Ulta Salon, Cosmetics & Fragrance, Inc.
- 4The filing is an 8-K Current Report, indicating a material event.
- 5Exhibit 99 contains the news release announcing this board change.
Frequently Asked Questions
The main purpose of this 8-K filing is to report a change in Target Corporation's Board of Directors, specifically the resignation of Mary N. Dillon.
Mary N. Dillon resigned from Target's Board of Directors because she was appointed as the Chief Executive Officer of Ulta Salon, Cosmetics & Fragrance, Inc.
No, this filing specifically addresses a change in the composition of the Board of Directors and does not report on Target's financial statements or operational performance. It's a governance-related event.
More details about Mary N. Dillon's departure and her new role can be found in the news release attached as Exhibit 99 to this 8-K filing.