8-KLeadership Changes

TARGET CORP 8-K Report, Executive Changes (Mar 31, 2022)

Filed March 31, 2022For Securities:TGT

Summary

This 8-K filing from Target Corp. (TGT) announces a planned leadership change within its accounting department. Robert M. Harrison, the Chief Accounting Officer, has informed the company of his intention to retire. Mr. Harrison will remain in his role until April 3, 2022, and will continue to provide advisory support during his successor's transition until his official retirement on June 3, 2022. This transition period is designed to ensure a smooth handover of responsibilities. To fill the Chief Accounting Officer position, Target has appointed Matthew A. Liegel, effective April 3, 2022. Mr. Liegel joined Target in 2018 as Vice President of Financial Accounting & Reporting and previously held a partner position at PricewaterhouseCoopers LLP. His extensive experience in financial accounting and reporting is expected to facilitate a seamless transition and continued strong financial stewardship for the company.

Key Highlights

  • 1Robert M. Harrison, Chief Accounting Officer, is retiring.
  • 2Mr. Harrison will serve as Chief Accounting Officer until April 3, 2022.
  • 3Mr. Harrison will transition to a strategic advisor role until June 3, 2022.
  • 4Matthew A. Liegel has been appointed as the new Chief Accounting Officer, effective April 3, 2022.
  • 5Mr. Liegel has been with Target since 2018 and previously worked at PricewaterhouseCoopers LLP.
  • 6The company is implementing a transition plan for the Chief Accounting Officer role.

Frequently Asked Questions

This filing is primarily to announce the retirement of Target's Chief Accounting Officer, Robert M. Harrison, and the appointment of Matthew A. Liegel as his successor.

Matthew A. Liegel will officially assume the role of Chief Accounting Officer effective April 3, 2022.

Yes, Robert M. Harrison will continue to serve as a strategic advisor to assist with the transition until his effective retirement date of June 3, 2022.

Matthew A. Liegel joined Target in 2018 as Vice President of Financial Accounting & Reporting and was formerly a partner at PricewaterhouseCoopers LLP.