Target Elevates Sylvester to CMO and Roath to COO, Confirms Q4 Guidance
Target names Cara Sylvester as chief merchandising officer and Lisa Roath as chief operating officer under CEO Michael Fiddelke, simplifying its leadership structure effective Feb. 15. The company confirms Q4 2025 sales and full-year GAAP and adjusted EPS will align with prior guidance.
1. Executive Leadership Restructuring
Effective Feb. 15, Target appoints Cara Sylvester as chief merchandising officer and Lisa Roath as chief operating officer under new CEO Michael Fiddelke, simplifying its structure. Departing executives Rick Gomez and Jill Sando will support the transition while an external search begins for a chief guest experience and marketing officer.
2. Reaffirmation of Financial Guidance
Target confirms that Q4 2025 sales, full-year GAAP EPS and full-year adjusted EPS are expected to align with its prior guidance, indicating no changes to its financial outlook for the period.