Target Names Joe DePinto to its Board of Directors

Target Corporation announced the election of Joe DePinto to its board of directors, effective Aug. 1. The appointment comes as Target seeks to regain ⁠momentum after several years of sluggish sales growth, which saw shoppers gravitate toward lower-priced rivals and pull back on discretionary purchases.  Christine Leahy, Lead Independent Director of Target’s board, said: “DePinto’s experience in omnichannel innovation across retail and consumer businesses would support the board’s oversight of the company’s 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.  

Previously, DePinto served as President and Chief Executive Officer of 7-Eleven, Inc., where he 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.

Beyond his tenure at 7-Eleven, DePinto served as president at GameStop Corporation, further diversifying his retail experience across specialty consumer segments. 

He gained significant experience at PepsiCo, one of the largest food and beverage companies. Currently, DePinto is on the board of Brinker International, the parent company of Chili's and Maggiano's, showcasing his ongoing leadership in consumer-facing businesses. This combination of roles reflects both his operational expertise and the confidence of other major companies in his strategic judgment. 

Earlier in his career, he held various leadership roles including Seven & i Holdings, OfficeMax, and JOANN Stores.  

Academically, he holds a Bachelor of Science (BS) in Engineering Management from the United States Military Academy at West Point and a Master of Business Administration (MBA from Northwestern University - Kellogg School of Management. 

Also read: HP Names Cheryl Doggett as its Senior Vice President Target operates more than 2,000 stores in the United States and employs over 400,000 team members.

DePinto's appointment also follows a shareholder vote last month rejecting a proposal that would have required the board's chair ⁠to be an independent director. The measure was prompted by Target's decision last year to move Cornell into the role of executive ⁠chair.

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