Target Corporation has promoted John Mulligan to the role of executive vice president and chief operating officer, effective September 1. In the newly created position, Mulligan will assume oversight of stores, supply chain, and properties.
Cathy Smith will join the retailer as its executive vice president and chief financial officer (CFO). Both Smith and Mulligan will report to Target’s chairman and CEO, Brian Cornell.
Mulligan has worked at Target since 1996, when he began as a financial analyst. He has served as the company’s CFO since 2012. Last year, he led the company as its interim president and CEO from May to August while continuing to act as its CFO.
Throughout his tenure at Target, Mulligan has served in leadership positions such as director of Target.com finance, director of Capital Investments, vice president of pay and benefits, vice president of financial planning and analysis, and senior vice president of treasury and accounting.
Prior to joining Target, Smith has held CFO positions at Wal-Mart International and GameStop.