Summary
Target Corporation (TGT) announced a significant change to its Board of Directors with the election of Joe DePinto, effective August 1, 2026. Mr. DePinto, a seasoned executive with extensive experience as the former President & CEO of 7-Eleven, Inc. and prior leadership roles at GameStop Corporation and PepsiCo, Inc., brings a wealth of retail and operational expertise to Target's board. His appointment to the Audit & Risk Committee and the Infrastructure & Finance Committee underscores his valuable contributions expected in areas critical to corporate governance and strategic development.
Key Highlights
- 1Joe DePinto appointed as a new director to Target's Board, effective August 1, 2026.
- 2Mr. DePinto brings substantial executive experience, having served as President & CEO of 7-Eleven, Inc. from 2005 to December 2025.
- 3His prior experience includes leadership roles at GameStop Corporation and PepsiCo, Inc.
- 4Mr. DePinto has been appointed to serve on the Audit & Risk Committee and the Infrastructure & Finance Committee.
- 5His current board service includes a position on the board of directors for Brinker International.
- 6There are no disclosed arrangements or understandings concerning his selection, nor any related person transactions.
- 7Mr. DePinto will receive standard compensation for non-employee directors as outlined in Target's 2026 proxy statement.
Frequently Asked Questions
Joe DePinto is the former President & Chief Executive Officer of 7-Eleven, Inc., a role he held from 2005 to December 2025. He also has previous leadership experience at GameStop Corporation and PepsiCo, Inc., and currently serves on the board of Brinker International.
Effective August 1, 2026, Mr. DePinto will serve as a director and will also be appointed to the Audit & Risk Committee and the Infrastructure & Finance Committee.
The filing states there are no arrangements or understandings between Mr. DePinto and any other person regarding his selection, nor are there any related person transactions between Mr. DePinto and Target.
Mr. DePinto will receive the standard annual compensation provided to Target's non-employee directors, as detailed in the company's 2026 proxy statement.