STOCK TITAN

Target Appoints Former 7-Eleven CEO to Board of Directors

(Neutral)
(Very Positive)
Tags
management

Target (NYSE: TGT) elected former 7-Eleven president and CEO Joe DePinto to its Board of Directors, effective Aug. 1, 2026. He will serve on the Board’s Infrastructure & Finance and Audit & Risk committees.

According to Target, DePinto brings more than three decades of retail and consumer products leadership, including leading 7-Eleven through expansion, digital innovation, omnichannel, loyalty and fresh food investments. He also has experience at PepsiCo, GameStop and on multiple public company boards, aligning with Target’s growth and omnichannel strategy under CEO Michael Fiddelke.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction – TGT

-0.40%
-0.40% Session close to close

In the Jul 22 session, TGT declined 0.40%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
  • Joe DePinto will join Target's Board of Directors on Aug. 1 and serve on Infrastructure & Finance and Audit & Risk committees.
     
  • DePinto adds expertise in operations, loyalty, fresh food and omnichannel capabilities as the company charts its next chapter of growth under CEO Michael Fiddelke.

MINNEAPOLIS, July 22, 2026 /PRNewswire/ -- Target Corporation (NYSE: TGT) announced the election of Joe DePinto, former president and chief executive officer of 7-Eleven, Inc., 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.

"At Target, we're leading with merchandising authority, elevating the guest experience, accelerating technology and strengthening our team and communities to pave a new path of growth," said Fiddelke. "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."

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.

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.

"We're continually focused on ensuring the Board brings together the expertise and perspectives that align with the company's strategic priorities," added Christine Leahy, Lead Independent Director of Target's Board of Directors. "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."

About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.

Target Logo

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/target-appoints-former-7-eleven-ceo-to-board-of-directors-302831139.html

SOURCE Target Corporation

FAQ

Who is Joe DePinto and what role will he have at Target (TGT)?

Joe DePinto, former president and CEO of 7-Eleven, has been elected to Target’s Board of Directors. According to Target, he will contribute leadership experience in operations, food, loyalty and omnichannel retail as the company advances its enterprise strategy and long-term growth priorities.

When will Joe DePinto join Target’s (TGT) Board and which committees will he serve on?

Joe DePinto will join Target’s Board of Directors on Aug. 1, 2026. According to Target, he will serve on the Board’s Infrastructure & Finance Committee and the Audit & Risk Committee, supporting governance over financial, infrastructure and risk-related matters.

Why did Target (TGT) appoint former 7-Eleven CEO Joe DePinto to its Board in July 2026?

Target appointed Joe DePinto to support its enterprise strategy and next chapter of growth. According to Target, his background in customer focus, operational excellence, food, loyalty and digital commerce aligns with priorities like merchandising leadership, guest experience, technology acceleration and omnichannel innovation.

What experience does Joe DePinto bring to Target’s (TGT) Board from 7-Eleven and other companies?

Joe DePinto brings over three decades of leadership across retail and consumer products, including leading 7-Eleven through expansion and digital innovation. According to Target, he also held roles at PepsiCo and GameStop and has governance experience on boards such as Brinker International, Jo-Ann Stores and OfficeMax.

How does Joe DePinto’s appointment align with Target’s (TGT) long-term growth and omnichannel strategy?

Joe DePinto’s appointment is intended to support Target’s growth-focused enterprise strategy under CEO Michael Fiddelke. According to Target, his expertise in omnichannel capabilities, loyalty programs, fresh food and digital commerce aligns with efforts to elevate guest experience, strengthen merchandising and accelerate technology investments.

What did Target leadership say about Joe DePinto joining the Board of Directors in 2026?

Target leadership highlighted DePinto’s customer focus, team empowerment and operational excellence as key strengths. According to Target, CEO Michael Fiddelke and Lead Independent Director Christine Leahy said his experience in growth and omnichannel innovation will help guide the company’s long-term success and strategic priorities.