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Target CEO Reshuffles Leadership Team in First Major Move
Changes come shortly after Fiddelke took over as CEO, as Target looks to drive growth and address operational challenges.
Published on Feb. 10, 2026
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Target CEO Michael Fiddelke is making significant changes to the company's leadership team, including the departure of long-time executives Rick Gomez and Jill Sando. Lisa Roath will take over as Chief Operating Officer, while Cara Sylvester becomes the new Chief Merchandising Officer. Fiddelke says the changes will allow Target to move with greater speed as it addresses its priorities for growth.
Why it matters
The leadership shakeup at Target comes as the retailer has struggled operationally, facing issues like disheveled stores, backlash over diversity initiatives, and protests related to federal immigration enforcement. Fiddelke, a 20-year company veteran, is looking to put his stamp on the organization and drive a turnaround in the business.
The details
As part of the changes, Rick Gomez, who oversaw Target's vast merchandise inventory, will be leaving the company. Jill Sando, the Chief Merchandising Officer overseeing categories like apparel and home, will also retire. Lisa Roath, who previously led food, essentials and cosmetics, will take on the Chief Operating Officer role previously held by Fiddelke. Cara Sylvester, the former Chief Guest Experience Officer, will become the new Chief Merchandising Officer.
- The leadership changes will take effect on Sunday, February 15, 2026.
The players
Michael Fiddelke
The new CEO of Target, who took over the top job at the retailer earlier this month.
Rick Gomez
A 23-year veteran of Target who oversaw the company's vast merchandise inventory, and is now leaving the company.
Jill Sando
The Chief Merchandising Officer at Target who has been with the company since 1997, and is now retiring.
Lisa Roath
The executive who previously oversaw food, essentials and cosmetics at Target, and is now taking on the Chief Operating Officer role.
Cara Sylvester
The former Chief Guest Experience Officer at Target, who is now becoming the company's new Chief Merchandising Officer.
What they’re saying
“It's the start of a new chapter for Target, and we're moving quickly to take action against our priorities that will drive growth within our business.”
— Michael Fiddelke, CEO (kfgo.com)
What’s next
The leadership changes at Target are expected to take effect on Sunday, February 15, 2026, as the company looks to drive greater speed and address its operational priorities.
The takeaway
The major leadership shakeup at Target under new CEO Michael Fiddelke signals the retailer is looking to chart a new course and address the operational challenges it has faced, including issues around store presentation, diversity initiatives, and community relations. The changes bring in new leadership to help drive the company's turnaround efforts.
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