Joe DePinto will join Target’s board on 1 August and serve on Infrastructure & Finance and Audit & Risk committees
Target Corporation has notified the election of Joe DePinto, former president and chief executive officer of 7-Eleven, to its board of directors. The appointment is another step Target is taking to accelerate its enterprise strategy and fuel new growth under CEO Michael Fiddelke.
DePinto will join Target’s board on 1 August and serve on Infrastructure & Finance and Audit & Risk committees. DePinto has also held leadership roles at PepsiCo and GameStop and brings public company governance expertise from boards including Brinker International, Jo-Ann Stores and OfficeMax, the company said in an official statement.
“Joe has spent his career relentlessly focused on the customer, empowering teams and delivering operational excellence. His perspective and experience in retail, with a particular emphasis in food and digital commerce, will be a tremendous asset to our Board as we continue building momentum against our strategy,” said Michael Fiddelke, CEO, Target.
DePinto brings more than three decades of leadership experience across retail and consumer products, having led the world’s largest convenience retailer through significant expansion, digital innovation and evolving consumer preferences.
During his tenure, 7-Eleven, Inc. accelerated investments in omnichannel capabilities, loyalty programs and fresh food offerings while growing its store footprint and strengthening its position as a leading convenience retailer.
“We’re continually focused on ensuring the Board brings together the expertise and perspectives that align with the company’s strategic priorities. Joe’s extensive experience leading growth and omnichannel innovation across retail and consumer businesses will be a valuable addition to our Board as we help guide Target’s long-term success,” stated Christine Leahy, Lead Independent Director of Target’s Board of Directors.
